Bankruptcy proceedings: read the definition of Bankruptcy proceedings and 8000

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Law A debtor that, upon voluntary petition or one invoked by the debtor's

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Chapter 11 retains many of the features present in all, or most, bankruptcy

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Inability to pay debts. In bankruptcy of a publicly owned entity, the ownership of

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Creditor's Claims in Bankruptcy Proceedings -- The Debtor-Creditor Relationship

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A federally authorized procedure by which a debtor—an individual, corporation,

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