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Stratification is universal in that all societies maintain some form of social inequality among members.
Meeting of Creditors
A gathering in bankruptcy proceedings where creditors can question the debtor about their finances and the bankruptcy petition.
Debtor's Assets
Property owned by an individual or entity that owes money to creditors, which can be used to pay off debts.
Presumption of Abuse
A legal assumption that an action is undertaken with the intention of exploiting or harming, especially in contexts like bankruptcy filings where managing debt responsibly is questioned.
Trustee
An individual or organization appointed to manage assets on behalf of others, often in cases of bankruptcy or for a trust.
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