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When using the high-low method,what step is performed first?
Bankruptcy Judge
A specialized judge who presides over bankruptcy cases, making decisions regarding the legal and financial affairs of individuals or businesses declaring bankruptcy.
Chapter 11
A provision under the U.S. Bankruptcy Code that allows for reorganization under the bankruptcy laws of the United States.
Reorganization Plan
A structured strategy to rearrange or restructure a company or its debts and assets in the face of financial instability, often under bankruptcy proceedings.
Creditors
Individuals or entities to whom money is owed by a debtor or borrower.
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