☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Bankruptcy (General Final)

The legal process for persons or businesses unable to pay their debts — Chapter 7 (liquidation), Chapter 11 (reorganization), Chapter 13 (individual payment plan). Provides a fresh start.

Category: Bankruptcy · Source: 11 U.S.C. §101 et seq.
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