I have some conflicting notecards about rehabilitation. It is either referred to as:
- Bankruptcy process in which insurance company is prepared to either continue as a business entity or prepared for liquidation.
- Bankruptcy in which insurance company continues as a business entity in which creditors are satisfied through future earnings.
Which is it?
- Bankruptcy process in which insurance company is prepared to either continue as a business entity or prepared for liquidation.
- Bankruptcy in which insurance company continues as a business entity in which creditors are satisfied through future earnings.
Which is it?
Rehabilitation
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