List the pros of bankruptcy List the cons of bankruptcy

A note secured by a deed of trust provides for an automatic action of the laws known as a.​a strict foreclosure. b.​equitable rights. c.​a power of sale. d.​a statutory right.

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When the original terms of a debt agreement are changed because of financial difficulties experienced by the debtor (borrower), the new arrangement is referred to as a troubled debt restructuring. Such a restructuring can take a variety of forms. For accounting purposes, these possibilities are categorized. What are the accounting classifications of troubled debt restructurings?

Ch. 17. Select the TWO examples of direct bankruptcy costs: Group of answer choices distribution of funds to stockholders prior to bankruptcy incentive to take on risky projects administrative costs of liquidation or reorganization lawyer and accountant fees