Examlex
_____ space refers to the set of clusters that have been marked as available to store information,but have not yet received a file.
Federal Exemptions
Legal provisions that allow individuals to protect specific assets from being seized by creditors, particularly in bankruptcy.
Bankruptcy Relief
Bankruptcy relief is the alleviation of debt that a debtor achieves through the legal process of bankruptcy, under which certain debts can be restructured, reduced, or eliminated.
Chapter 7
A provision under the United States Bankruptcy Code that deals with the process of liquidation, where a debtor's assets are sold off to pay creditors.
Equity
Equity refers to the ownership interest in a company or property, representing the value that would be returned to shareholders or owners after discharging all liabilities.
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