skuldaráætlun
Skuldaráætlun is an Icelandic term that describes a formal plan to repay outstanding debts over a defined period. It is used in contexts such as personal insolvency, corporate debt restructuring, and, less commonly, government or public debt management. The core purpose is to provide a realistic and sustainable route to solvency by organizing payments to creditors in a structured schedule, while aiming to prevent liquidation or bankruptcy for the debtor.
A skuldaráætlun typically includes a detailed repayment schedule, amounts to be paid, interest and fees, maturities,
Outcomes vary with the plan’s success in restoring cash flow and solvency. Possible results include extended