Bankruptcy

  • 81 bankruptcy petition — ➔ petition * * * bankruptcy petition UK US noun [C] ► LAW, FINANCE a formal letter to a court asking that a person or company be declared bankrupt: »The latest bankruptcy petition was filed April 14. »Lawyers are considering an involuntary… …

    Financial and business terms

  • 82 bankruptcy proceedings — ➔ proceedings * * * bankruptcy proceedings UK US noun [plural] ► LAW, FINANCE the legal process of becoming officially bankrupt (= unable to pay what you owe): »The county emerged from bankruptcy proceedings in June. »The company has been under… …

    Financial and business terms

  • 83 bankruptcy judge — n. A United States District Court judge appointed by a United States Court of Appeals to preside exclusively over bankruptcy proceedings filed within a designated United States District Court s jurisdiction. Webster s New World Law Dictionary.… …

    Law dictionary

  • 84 bankruptcy court — ➔ court1 * * * bankruptcy court UK US noun [C] LAW, FINANCE ► a special court that deals with situations in which a business or a person becomes unable to pay their debts, and is officially bankrupt: »The agency will assume much of the burden if… …

    Financial and business terms

  • 85 bankruptcy judge — ➔ judge1 * * * bankruptcy judge UK US noun [C] LAW, FINANCE ► a judge (= person in charge of a court) who deals with situations in which a business or a person becomes unable to pay their debts, and is officially bankrupt: »The pay program will… …

    Financial and business terms

  • 86 Bankruptcy protection — is a legal procedure in some jurisdiction which allows for an alternative to conventional bankruptcy proceedings.For further details, see: * Administration (insolvency) in the United Kingdom * Chapter 11 in the United Statesee also* Bankruptcy… …

    Wikipedia

  • 87 Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 — (BAPCPA) USA Extensive amendments to the Bankruptcy Code signed into law on April 20, 2005, which generally became effective on October 17, 2005. These amendments have in general disadvantaged debtors and shifted leverage on various important… …

    Law dictionary

  • 88 bankruptcy notice — UK US noun [C] ► LAW, FINANCE a written statement that a person or company has declared bankruptcy (= owes more money than they can pay) and that is sent to anyone to whom they owe money: »With good procedures in place, creditors should receive… …

    Financial and business terms

  • 89 Bankruptcy, Moral Aspect of — • Bankruptcy must be considered not only from the legal but also from the moral point of view; for sound morality prescribes that debts must be paid Catholic Encyclopedia. Kevin Knight. 2006 …

    Catholic encyclopedia

  • 90 bankruptcy, Chapter 7 — n. Straight bankruptcy; a proceeding that liquidates property, pays off debts, and leaves the debtor discharged. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …

    Law dictionary

  • 91 Bankruptcy Act — n. The federal statute, adopted in 1898, that governed all bankruptcy cases filed before October 1, 1979. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …

    Law dictionary

  • 92 Bankruptcy, Civil Aspect of — • Earlier English terms, bankruptship, bankrupture Catholic Encyclopedia. Kevin Knight. 2006 …

    Catholic encyclopedia

  • 93 bankruptcy-remote entity — See special purpose entity (SPE) Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …

    Law dictionary

  • 94 bankruptcy, Chapter 11 — n. Business reorganization in which a court supervises an insolvent business while it continues to operate and comes up with a plan for reorganization. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney… …

    Law dictionary

  • 95 bankruptcy, Chapter 12 — n. A proceeding to allow for family farmers and fisherman to create a repayment plan to pay off debts over a specified period of time while being supervised by the court. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks …

    Law dictionary

  • 96 bankruptcy, Chapter 13 — n. A proceeding that lets a borrower with enough income pay off bills over a specified period of time while being supervised by the court. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell.… …

    Law dictionary

  • 97 bankruptcy law — The area of federal law dealing with the handling of bankrupt persons or businesses. Short Dictionary of (mostly American) Legal Terms and Abbreviations …

    Law dictionary

  • 98 bankruptcy order — noun An order adjudging a debtor bankrupt • • • Main Entry: ↑bankrupt …

    Useful english dictionary

  • 99 Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… …

    Wikipedia

  • 100 Bankruptcy in Canada — The procedures and legal consequences of consumer bankruptcy in Canada are governed by Canadian federal legislation.OverviewConsumer bankruptcy is a legislative procedure under Bankruptcy and Insolvency Act ( the BIA ) *(1) complemented by… …

    Wikipedia