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What Are the Three Ways to Manipulate the Costs of Delay

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What are the three ways to manipulate the costs of delay in negotiation?


Definitions:

Order Of Relief

An order from a bankruptcy court that temporarily or permanently relieves the debtor from certain debts or legal action by creditors.

Bankruptcy Can Continue

The process by which a debtor's assets are managed and liabilities are discharged under the bankruptcy code can proceed, despite certain obstacles or challenges.

Automatic Stay

a legal provision that temporarily halts lawsuits, foreclosures, garnishments, and all collection activities against a debtor the moment a bankruptcy petition is filed.

Order Of Relief

A court order in the context of bankruptcy proceedings that temporarily halts actions by creditors against the debtor.

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