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The informal agreement enables you to negotiate with your creditors a reduction in debt or an adjustment of repayment terms tailored to your company's financial situation.
A notice of intention temporarily suspends the payment of your debts, allowing the company to take a step back to assess its options before committing to financial restructuring.
An informal agreement allows you to negotiate with your creditors for a debt reduction or an adjustment of repayment terms tailored to your company’s financial situation.