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What is the difference between the "functions of management" and "roles of management"?
Unsecured Creditors
Creditors who have extended credit without securing collateral, putting them at greater risk if the borrower defaults.
Federal Bankruptcy Exemptions
Legal provisions that allow individuals filing for bankruptcy to retain certain assets and properties from creditor claims under federal law.
Motor Vehicle Exemption
A provision in bankruptcy law that allows an individual to keep a vehicle up to a certain value as exempt from seizure by creditors.
Federal Bankruptcy Exemptions
Provisions allowing an individual to exempt certain types of property from the bankruptcy estate, thus protecting them from being seized to pay off creditors under federal bankruptcy law.
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