Examlex
MATCHING
Match each description with the item below.
-Sandra Day O'Connor
Presumption of Abuse
A legal assumption that an action is undertaken with the intention of exploiting or harming, especially in contexts like bankruptcy filings where managing debt responsibly is questioned.
Trustee
An individual or organization appointed to manage assets on behalf of others, often in cases of bankruptcy or for a trust.
Chapter 7 Petition
a legal process in the United States bankruptcy law allowing individuals or businesses to declare bankruptcy, leading to the liquidation of assets to pay off debts.
Median Income
Median income is the value separating the income distribution of a group into two equal groups: half the members earning less and half earning more than this value.
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