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Collecting Assets
The process of identifying, gathering, and managing the assets of a debtor to satisfy claims during bankruptcy or liquidation.
Taking Inventory
The process of counting and listing items in stock, typically done periodically to control stock levels and assist in financial accounting.
Winding Up Process
The procedure of settling the accounts and liquidating the assets of a company for the purpose of distributing the net assets to shareholders and dissolving the business.
Dissolution
The process of formally ending or dissolving an entity such as a business or partnership.
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