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It compels the debtor to think of a reorganization plan, but this plan should be permitted by a the greater part vote of participating creditors. Once it is authorised, the company is obligated to carry it out.The majority of individual Chapter 7 cases, however, are “no asset” cases where there are no nonexempt items to liquidate.I am a lover a… Read More


As aspect in their payment, particular CoinDesk employees, together with editorial employees, could acquire exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-yr time period. CoinDesk journalists usually are not allowed to buy inventory outright in DCG.During a Chapter 13 bankruptcy, you will produce a repaymen… Read More