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debt consolidationIf in the opinion of the judge, the proposed plan is fair to everyone involved, he can force all of the creditors to accept it, thus "cramming it down the throats" of those dissenting creditors. Cramdown. * Secured creditors only get the value of the collateral securing their position. A cramdown plan can wipe out any additional fees or charges accrued, but the secured credit or will never receive less than the actual value of their collateral.  Click for more details on credit management.

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