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When Making Claims or Requesting Adjustments, You Should Begin by

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When making claims or requesting adjustments, you should begin by


Definitions:

Debt

An obligation owed by one party (the debtor) to a second party (the creditor); often referring to borrowed money that must be repaid.

Chapter 11

A part of the United States Bankruptcy Code that permits reorganization under the bankruptcy laws of the United States for corporations and partnerships.

Reorganization

The process of restructuring a company's business affairs, debts, and assets, often in the context of bankruptcy proceedings, to allow continued operation and recovery from financial distress.

Voluntary

An action or decision made by an individual's own will without coercion or undue influence from others.

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