Debt Restructuring

Debt restructuring is a term used to describe a variety of different methods used to reduce or re-pay existing debt. One common type of debt restructuring is called a loan modification. This means that the terms of the original loan are changed, usually in order to make the payments more manageable. Loan modifications can also include extending the maturity date or reducing the interest rate. Troubled debt restructuring is a process through which companies may restructure or restructure their outstanding debt obligations. Troubled debt restructuring can help to improve the company's financial conditions and allow it to resume normal operations.

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