Examlex
What do we call our response to events that disturb,or threaten to disturb,our physical or psychological equilibrium?
Bankruptcy Code
The body of laws and provisions governing the process of bankruptcy, allowing individuals or entities to eliminate or repay their debts under the protection of the bankruptcy court.
Means Test
A method used to determine an individual's eligibility for certain types of financial assistance or legal aid, based on their income and assets.
Chapter 7
A provision under the U.S. Bankruptcy Code dealing with liquidation, where a debtor's non-exempt assets are sold and the proceeds distributed to creditors.
Chapter 13
A section of the United States Bankruptcy Code that allows individuals with a regular income to create a plan to repay all or part of their debts.
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