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bankruptcy

Bankruptcy vs Cramdown - What's the difference?

bankruptcy | cramdown |


As nouns the difference between bankruptcy and cramdown

is that bankruptcy is a legally declared or recognized condition of insolvency of a person or organization while cramdown is a court settlement in bankruptcy in which creditors receive less than they were owed.

Bankruptcy vs Prebankruptcy - What's the difference?

bankruptcy | prebankruptcy |


As a noun bankruptcy

is a legally declared or recognized condition of insolvency of a person or organization.

As an adjective prebankruptcy is

preceding a bankruptcy.

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