A creditor's composition agreement are enforceable.

Name: A creditor's composition agreement are enforceable.
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A creditor's composition agreement is a legally binding agreement between a debtor and their creditors, in which the creditors agree to accept less than the full amount owed to them in exchange for the debtor's agreement to pay the reduced amount. Once the composition agreement is duly executed in accordance with the law, it becomes legally enforceable.

A Creditor's Composition Agreement Are Enforceable