The purpose behind a Chapter 11 bankruptcy is to allow the debtor to ________ by reaching a compromise with its creditors for the repayment of debts that will accommodate their unique relationship and circumstances.
Fill in the blank(s) with correct word
Question 2
At the confirmation hearing, if no resolution regarding the repayment plan is reached, the judge will not make a ruling. Instead, the judge will order the debtor to ________ the repayment plan to make the plan more compliant with the Bankruptcy Code.
Fill in the blank(s) with correct word
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