Case 11-2 Debt Restructuring

Case 11-2 Debt Restructuring

Introduction

The study is based on debt restructuring that focuses on the decreasing rate of employment and also the decreasing values of real estate in United States. In this context, it is noted that this state has created the need of money in the economy; therefore, the need of borrowing has increased though it is noted that people are not able to repay their borrowed amount or debt on the agreed time period. Thus, there is need of debt restructuring in economy so that financial difficulties of people can be minimized and borrowed amount or debt ...