Question: Question 3 2 pts A workout occurs when there is a q , . lender and borrower. post - debt agreement between a debtor and
Question
pts
A workout occurs when there is a
lender and borrower.
postdebt agreement between a debtor and multiple creditors where the terms of a loan that is in default are renegotiated.
way of getting out of paying off a debt.
method of having a debtor pay late fees.
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