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In a ____________, a qualified debtor creates a plan that alters the repayment schedule.

a. firm offer
b. requirements contract
c. reorganization
d. contract for sale

User Gargi
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In a reorganization, a qualified debtor creates a plan that alters the repayment schedule.

In a reorganization, a qualified debtor creates a plan that alters the repayment schedule. This refers to a situation where a firm is facing financial difficulties and needs to restructure its debts in order to continue operating. The debtor, with the help of professionals, develops a repayment plan that is acceptable to both the creditors and the court.

User Rumit Parakhiya
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