Examlex
People are most likely to confront the death of a parent during young adulthood.
Unpaid Wages
Compensation owed to employees for work performed that has not been paid by the employer, often leading to legal disputes.
Involuntary Petition
A legal procedure initiated by creditors requesting the bankruptcy court to declare a debtor bankrupt.
Automatic Stay
A legal provision that halts all judicial and administrative actions, including collection efforts, against a debtor immediately upon the filing of a bankruptcy petition.
Chapter 7
A section of the United States Bankruptcy Code that provides for the liquidation of a debtor's non-exempt assets to pay off creditors.
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