Examlex
Which one of the following statements is incorrect?
Chapter 7
Chapter 7 represents a provision of the Bankruptcy Code that provides for the liquidation of a debtor's assets to pay off creditors.
Estate
The total property, assets, and liabilities that a person owns or is responsible for.
Insider
Someone who has access to confidential or exclusive information, typically within a corporation or similar organization.
Relative
A person who is connected to another by blood or marriage.
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