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Best interests of creditors test

• The requirement that a claim holder voting against a plan of reorganization must receive at least as much as he would have if the debtor were liquidated.

 
 

Follow this link for all the terms related to creditinterest.

 
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 Reorganization
 
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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

You cannot depend on your eyes when your imagination is out of focus. - Mark Twain

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