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Từ vựng:

debtor petition

Giải nghĩa:

/ˈdɛtər pɪˈtɪʃn/ – Phrase


Definition: Đơn xin phá sản của người nợ.

A more thorough explanation: (UK and COMMONWEALTH) a petition filed by debtors with the court to apply for voluntary bankruptcy. Creditors may file a bankruptcy petition (aka creditor petition)

Example: If you file a debtor’s petition which is accepted then you will become bankrupt.

 

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