What is the term that describes an agreement of the creditors by which they pass the power to liquidate the firm's assets to an adjustment bureau,a trade association,or a third party?

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This term is known as an assignment, which transfers the power to liquidate a firm's assets to another party, such as an adjustment bureau, trade association, or third party. The purpose of this is to ensure a fair and efficient distribution of the firm's assets among its creditors.

What Is the Term That Describes an Agreement of the Creditors