Record Details

FROM A FRANCHISE ACQUISITION TO THE DEFAULT ON PAYMENT. HOW TO DEAL WITH THIS SITUATION?

European Journal of Economic and Financial Research

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Title FROM A FRANCHISE ACQUISITION TO THE DEFAULT ON PAYMENT. HOW TO DEAL WITH THIS SITUATION?
 
Creator García-Santillán, Arturo
González Gómez, Santiago
Villanueva Reyes, Ilse
 
Subject franchises, payment insolvency, debt restructuring
 
Description The aim of this work is to design a debt restructuring proposal through a new payments scheme, with the purpose of giving franchisees an opportunity to finish credit debts acquired with the aim to buying operative equipment for a franchise. With this purpose, this work used the procedure proposed by García–Santillán and Vega Lebrúm (2008) related to an equivalent equations model capable of, in first place, re-evaluating the original debt, including overdue payments, as well as those that already were paid. Besides, the debt restructuring model pursues knowing the amount of each payment in the new payments scheme. The result of the design proposed by the restructuring scheme, offers the franchisee a scenario where he/she could have a better control on the reference debt and besides offers a viable scenario for finishing it.  Article visualizations:
 
Publisher Open Access Publishing Group
 
Contributor —
 
Date 2016-08-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier https://oapub.org/soc/index.php/EJEFR/article/view/25
10.46827/ejefr.v0i0.25
 
Source European Journal of Economic and Financial Research; Volume 1, Issue 1, 2016
25019430
25019430
 
Language eng
 
Relation https://oapub.org/soc/index.php/EJEFR/article/view/25/68
https://oapub.org/soc/index.php/EJEFR/article/view/25/69
https://oapub.org/soc/index.php/EJEFR/article/view/25/70
 
Rights Copyright (c) 2018 Arturo García-Santillán, Santiago González Gómez, Ilse Villanueva Reyes
http://creativecommons.org/licenses/by/4.0