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These include - Tiffany jewelry - Rolex watches - Lamborghini automobiles - Ritz Carlton Hotels - Gucci Givenchy and Hermes purses 14-17 Products that consumers aren t aware of haven t necessarily thought of buying or find that they need to solve an unexpected problem. Examples Tow truck services Drain-cleaning services Ambulance services Heart surgery services 14-18 Fig. High-low pricing Setting prices higher than those in EDLP stores then having occasional deep discount sales where the...
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Chapter 14 is a section of the bankruptcy code that allows for the reorganization of debt for municipalities.
Only municipalities are eligible to file for chapter 14 bankruptcy.
To fill out chapter 14, the municipality must file a petition with the bankruptcy court, detailing its financial situation and proposed plan for reorganization.
The purpose of chapter 14 is to provide financially distressed municipalities with a legal framework for restructuring their debts and returning to financial stability.
On chapter 14, municipalities must report their current financial situation, debts, assets, and proposed plan for reorganization.
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