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How Are Secured Creditors Impacted by the Filing of a Proposal

Question 46

Multiple Choice

How are secured creditors impacted by the filing of a proposal?


A) They will be permitted to vote as a class to reject or accept the proposal.
B) They can realize on their security before or after the debtor has filed a proposal.
C) Their interest is converted into an unsecured debt.
D) They will not longer be able to realize on their security.

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