Examlex
Processors with a smaller word size can process more data during each processor cycle.
Creditors' Claims
Legal rights or assertions by lenders or creditors to collect what is owed to them by debtors.
Chapter 11
A provision of the United States Bankruptcy Code that allows businesses to reorganize and restructure their debts under the supervision of the court.
Automatic Stay
A legal provision that halts actions by creditors, with certain exceptions, to collect debts from a debtor who has declared bankruptcy.
Collection Proceedings
The legal process initiated by creditors to recover debts from borrowers through formal legal actions, including lawsuits, garnishments, and property liens.
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