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In a major review in 1948, Stogdill suggested
Meetings of Creditors
Gatherings organized for creditors to discuss and decide upon matters related to a debtor's bankruptcy or financial restructuring.
Administrative Powers
encompass the authority and functions of governmental agencies and bodies to implement laws, issue regulations, and conduct affairs.
Trustee
An individual or firm that holds and administers property or assets for the benefit of a third party, often within a trust.
Nonexempt Assets
Assets that can be seized or used towards the satisfaction of debts under bankruptcy proceedings because they are not protected by exemption laws.
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