Examlex
On average,a U.S.household has at least one television turned on for how many hours a day?
Non-bankruptcy Compromises
Agreements made to resolve debt without resorting to bankruptcy proceedings, often involving negotiation between debtor and creditors.
Compositions
Agreements between a debtor and their creditors where the creditors agree to accept a portion of what's owed in full satisfaction of their claims.
Receiverships
A legal process in which a court-appointed custodian administers the property, finances, or operations of a company for the benefit of creditors or other stakeholders.
Pro Rata
A term used to describe a proportionate allocation or distribution of something, like costs or income, among participants based on a specific formula.
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