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Which ONE is NOT TRUE regarding the men of Inis Beag?
Unsecured Claims
Claims or debts that have no specific assets pledged as collateral in case of default or bankruptcy.
Chapter 12
A subset of bankruptcy proceedings designed specifically for family farmers and fisherman to restructure their finances and avoid liquidation or foreclosure.
Farm-Related Debt
Financial obligations arising from the operation, maintenance, or improvement of agricultural activities and farms.
Pro Rata Share
A portion of a whole that is allocated proportionally among participants based on their share or contribution.
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