Examlex
Government regulations require organizations to create a safety data sheet (SDS)for each imported item that is stored in a warehousing facility.
Creditors
Individuals or institutions to whom money is owed by debtors.
Unsecured Creditors
Creditors that lend money without taking collateral, meaning they do not have a claim on specific assets of the borrower in case of default.
Secured Creditors
Creditors who have a legal claim to specific assets of a debtor as collateral for the debt owed to them.
Chapter 7 Proceeding
A type of bankruptcy process that involves the liquidation of a debtor's non-exempt assets to pay off creditors.
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