FRIA Flashcards

(2 cards)

1
Q

The restoration of the debtor to a condition of successful operation and solvency. If it is shown that its continuance of operation is economically feasible, and its creditors can recover by way of the present value of payments projected in the plan, more if the debtor continues as a going concern than if it is immediately liquidated.

A

Rehabilation

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2
Q
A
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