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Direct Costs of Financial Distress
(redirected from Direct Cost of Financial Distress)

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Direct costs of financial distress
Costs such as fees or penalties incurred as a result of bankruptcy or liquidation proceedings.

Direct Costs of Financial Distress
Any fees or penalties that result from a bankruptcy or liquidation. An obvious example is the fee one must pay to a bankruptcy attorney. However, other fees, perhaps broker fees resulting from the liquidation of stock, may also be attached.


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