Restructuring Debt Model with Equivalent Equations: Theoretical and Practical Implications
Arturo García-Santillán, Francisco Venegas-Martínez, Milka Elena Escalera-C hávez

Abstract
This paper is aimed at developing a restructuring debt model between debtor and creditor. To do this, we use several hypothetic scenarios with some expired promissory notes and other documents which are not yet expired. The proposed equivalent equation model is useful to examine the three moments of the restructuring: valuing of the original debt, determining the new payment scheme, and computing new payments.

Full Text: PDF     DOI: 10.15640/arms.v2n2a5