Examlex
________ tests are based on the assumption that people will interpret ambiguous stimuli in line with their current concerns and feelings, their relationships with others, and their conflicts or desires.
Chapter 7
A provision of the Bankruptcy Code providing for "liquidation," which involves the sale of a debtor's non-exempt property and the distribution of the proceeds to creditors.
Permanent Trustee
A trustee appointed to manage and administer a trust indefinitely until the trust’s objectives are fulfilled or the trust is legally dissolved.
Chapter 7
A provision under the U.S. Bankruptcy Code allowing for liquidation of a debtor's assets to pay off creditors.
Discharge
A written federal court order signed by a bankruptcy judge stating that the debtor is immune from creditor actions to collect debt; that is, a release from liability.
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