Examlex
The need for integrating mechanisms is greater when a company's structure is more complex.
Creditors
Individuals or organizations to whom money is owed by debtors.
Petition
A formally drafted plea, often endorsed by numerous individuals, urging those in power to consider a specific issue.
Bankrupt Estate
The total assets of a person or entity that are available for distribution among creditors after declaring bankruptcy.
Proof of Claim
A written statement filed by a creditor in a bankruptcy case stating the amount owed by the debtor.
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