Question: if a Division 2 proposal is made a person with a debt of $50,000 may avoid bankrupcy a corporation with a debt of $400,000 that

if a Division 2 proposal is made a person with a debt of $50,000 may avoid bankrupcy a corporation with a debt of $400,000 that is insolvent can restructure and keep operating. a supplier can have priority over secured creditors for their goods directors can avoid liability for the company's actions a landlord can take priority over other creditors

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