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Bankruptcy Trustee
An individual appointed by the court to oversee and manage the bankruptcy process, ensuring that creditors receive as much debt repayment as possible.
Debtor's Estate
The total sum of a debtor's legal and equitable interests and assets at the time of bankruptcy filing or death.
Bankruptcy Court
A specialized federal court handling cases related to bankruptcy filings and proceedings.
Voluntary Petition
A document filed by an individual or business to declare bankruptcy voluntarily.
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