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In a troubled debt restructuring in which the debt is continued with modified terms and the carrying amount of the debt is less than the total future cash flows, the creditor should
Public Nuisance
An act or omission that significantly interferes with the public's rights, such as blocking public pathways or creating hazardous conditions.
Abatement
A reduction, decrease, or diminution, often related to the amount of a tax, debt, or other payment obligation.
Trespass to Land
An unauthorized entry onto land which is owned or legally occupied by another.
Actual Harm
Damage or injury that is real and substantial, as opposed to theoretical or speculative.
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