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Checkerboard Pizza, Inc. (CPI), files a petition in bankruptcy for relief through a reorganization. CPI's reorganization plan must contain

A) A list of all the creditors
B) An explanation of the company's financial history
C) A schedule of future investments
D) A repayment plan for the debts

User Iskandar
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Final answer:

A reorganization plan for Checkerboard Pizza, Inc. (CPI) in bankruptcy must include a repayment plan for the debts. Additional elements, such as a list of creditors and a financial history explanation, are also typical in a reorganization plan.

Step-by-step explanation:

Checkerboard Pizza, Inc. (CPI)'s reorganization plan in a bankruptcy proceeding must contain a repayment plan for the debts. This is a fundamental requirement in the reorganization process, as the company attempts to restructure its debts and continue operations.

Such a plan typically details how the company will pay back its creditors over time and may include provisions for debt reduction, debt rescheduling, or debt refinancing.

In addition to the repayment plan, while not expressly mentioned in the question, a complete reorganization plan will usually also include a list of all the creditors and an explanation of the company's financial history. A schedule of future investments might not be a requirement but can be included as part of a strategic plan to illustrate the company's path to recovery and profitability.

The subject of this question is Business and the grade level is College.

Checkerboard Pizza, Inc. (CPI) filing a petition in bankruptcy for relief through a reorganization indicates that the company is seeking to restructure its debts and continue its operations. As part of the reorganization plan, CPI must include a repayment plan for the debts. This plan outlines how the company intends to pay off its creditors over a certain period of time.

Therefore, the correct answer is D) A repayment plan for the debts.

User Yike Lu
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