The ability of the bankruptcy court to confirm a plan of reorganization over the objections of some classes of creditors.
Found on
http://www.encyclo.co.uk/local/20047
A measure of inflation. See
Found on
http://www.encyclo.co.uk/local/22402
In Chapter 13 bankruptcy, a reduction in the amount of a secured debt the debtor must repay to the replacement value of the collateral securing the debt. For example, if a debtor owes $5,000 on a car that's worth only $3,500, a cramdown would reduce the amount of the debt that had to be repaid in Chapter 13 to $3,500. Learn how a cramdown works in ...
Found on
http://www.nolo.com/dictionary/cramdown-term.html
No exact match found.
