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When committing an individual to a psychiatric facility against his or her will, most states require that the danger the individual poses to themselves or others be _____, in other words, if they are not immediately incarcerated, they or someone else will likely be harmed in the very near future.
Liquidated
The process of converting assets into cash or using them to discharge liabilities, often occurring during the winding up of a business.
Statement Of Financial Affairs
A comprehensive document that outlines an individual's or entity's financial transactions and position, often used in bankruptcy proceedings.
Chapter 7 Liquidation
A process under the U.S. Bankruptcy Code where a debtor's assets are sold off to pay creditors, and the debtor's remaining debts are discharged.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services delivered or used but not yet paid for.
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