Examlex
Match each term with the correct definition.
-Bonding
Bankruptcy Code
The collection of laws and regulations that govern the process of bankruptcy in the United States.
Voluntary Liquidation
The process of dissolving a company by its own decision, distributing its assets to creditors and shareholders.
Prepetition Assets
Assets that a debtor owned before filing for bankruptcy protection.
Bankruptcy Estate
The assets that are collected from a debtor who files for bankruptcy.
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