Illinois Compiled Statutes > 770 ILCS 85 – Preference of Claims for Wages Act
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Terms Used In Illinois Compiled Statutes > 770 ILCS 85 - Preference of Claims for Wages Act
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Decedent: A deceased person.
- Oversight: Committee review of the activities of a Federal agency or program.
- Trustee: A person or institution holding and administering property in trust.