Examlex
What are the foundation stones from which economic models are built?
Creditors
Creditors are individuals or entities to whom money is owed by debtors for goods provided or loans given.
Chapter 13
A type of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts under court supervision.
Debtor's Estate
All legal or equitable interests of the debtor in property at the time of the bankruptcy filing.
Liquidation Proceeding
A legal process in which a business closes down and its assets are distributed to claimants.
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