Why do creditors usually accept a plan for financial rehabilitation rather than demand liquidation of a business?

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Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Question Posted: Mar 26, 2015 07:08 AM

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Why do creditors usually accept a plan for financial rehabilitation rather than demand liquidation of a business?

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Creditors will accept a plan for financial rehabilitation is there is a possibility that ...View the full answer

Introduction to Corporate Finance What Companies Do

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