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5 Top Tips For A Troubled Debt Restructuring Strategy

Troubled debt restructuring (TDR) is a process used by lenders and businesses to restructure debt that is in default or near default. It involves renegotiating the terms of the loan, such as the interest rate, payment amount and repayment schedule. In some cases, debt may be written off or forgiven. TDR can be beneficial to both sides, helping lenders avoid losses while also providing businesses with a way to stay afloat and continue operations.<br><br>For More Info:-https://www.equifyfinancial.com/services/debt-restructuring

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5 Top Tips For A Troubled Debt Restructuring Strategy

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