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Creditors
Individuals or institutions that lend money or extend credit and are owed repayment by debtors.
Involuntary Bankruptcy
A legal proceeding initiated by creditors against a debtor who fails to pay owed amounts, forcing the debtor into bankruptcy to satisfy debts.
Creditors
Individuals or organizations to whom money is owed by debtors.
Petition
A formally drafted plea, often endorsed by numerous individuals, urging those in power to consider a specific issue.
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