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Seal of the United States Social Security Administration. It appears on Social Security cards. Source: Extracted from PDF file of the SSA's 2008 budget request (direct PDF link here), and colorized based on images on the SSA home page. Author: U.S. Government: Permission (Reusing this file)
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Provisional liquidation is a process which exists as part of the corporate insolvency laws of a number of common law jurisdictions whereby after the lodging of a petition for the winding-up of a company by the court, but before the court hears and determines the petition, the court may appoint a liquidator on a "provisional" basis. [1]
Franklin Delano Roosevelt. The father of the social safety net, FDR signed the Social Security Bill into law on Aug. 14, 1935. He had called on Congress to craft a social insurance policy just 14 ...
The appointment of an administrator "freezes" any legal proceedings against the company and control of the company is given entirely to the administrator. Directors of the company are prohibited from acting in their capacity as directors for the duration of the administration, while administrators are personally liable for any debts incurred by ...
Image source: Getty Images. 1. Understand how your claiming age affects your benefits. The government bases your Social Security benefits on your income during your working years and your age at ...
The Social Security Fairness Act makes it possible for those who opted out of Social Security at some point during their career to receive more retirement benefits. It does this in two ways.
Security documents generally contained very wide powers of appointment such that on default the creditor could take over the business immediately and without the input of any court. A receiver appointed to the entire business became known as a receiver and manager. The receiver and manager would typically have extensive powers over the business ...