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Creditor Plan (Debt Restructuring)
Based on your company's
financial condition, it may be appropriate
to develop a creditor plan, which
may include:
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Conversion of debt to
equity
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Conversion of debt from
short to long-term
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Consolidation of facilities
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Partial debt compromise or
cancellation
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Special handling of
preference and avoidance claims in a chapter proceeding
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Modification of repayment
terms
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