This is an old revision of this page, as edited by The Eloquent Peasant (talk | contribs) at 13:59, 31 May 2020 (Adding short description: "Agreement among several creditors of a debtor, usually a business" (Shortdesc helper)). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
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A Composition with Creditors is an agreement among several creditors of a debtor, usually a business. Usually, the agreement involves paying a lessened amount over a period of time.
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