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Predetermined time standards are advantageous since they avoid needing multiple performance ratings.
Bankruptcy Trustee
An individual appointed by a bankruptcy court to oversee and administer a debtor's estate during the bankruptcy process.
Filing
The act of officially submitting documents or records to a court or administrative agency.
Preferential Payment
A payment made to a creditor before a bankruptcy filing that is considered unfair to other creditors.
Transferred Property
Assets or rights that have been legally moved from one owner to another through a sale, gift, or inheritance.
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