In Chapter 11 bankruptcy reorganizations, present-value procedures are required in determining the amount of forgiveness of debt.

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In Chapter 11 bankruptcy reorganizations, present-value procedures are indeed required to determine the amount of debt forgiveness, as the reorganization plan must show how creditors are to be paid, often involving adjustments to the debt's terms, including its present value.

In Chapter 11 Bankruptcy Reorganizations, Present-Value Procedures Are Required in Determining