Examlex
Title transfer by the end of a lease is one of the criteria for capital lease recognition.
Bankruptcy Petition
A legal document filed by an individual or entity declaring the inability to pay outstanding debts, seeking relief under bankruptcy laws.
Creditors
Individuals or entities to whom money is owed by debtors.
Legal Actions
Formal steps taken within the judicial system, such as filing lawsuits or other court proceedings, to enforce or protect legal rights.
Bankruptcy Trustee
An official appointed by the court in bankruptcy cases to oversee and manage the debtor's estate, including the collection and disposition of assets.
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