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 What is the clawback provision of the bankruptcy law?

Answer The bankruptcy laws of the United States include a variety of rules and procedures used to restore certain assets once owned by a debtor to that individual's bankruptcy estate. These laws include a... Read More »
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What is a clawback provision?

A clawback provision is an arrangement in a contract that mandates that something (usually money) be given back upon the happening of a certain event or condition. These provisions are used, genera... Read More »
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What is the meaning of provision?

Provision is one of those terms that has multiple meanings that can be taken from a dictionary. For the most part, the word provision has something to do with food or supplies stored for a particul... Read More »
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What is a deeming provision?

A deeming provision, simply put, is a clause in case law that allows the court to make an assumption so proceedings can continue. For example, the court can make an assumption through a deeming pro... Read More »
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What is a statutory provision?

A statutory provision is a clause in a statute that provides for a specific matter, according to the online legal dictionary,TransLegal. For example, the state of Minnesota has a statutory provisio... Read More »
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