bankruptcy filing
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bankruptcy estate — all legal or equitable interests of the debtor in property at the time of the bankruptcy filing. The estate includes all property in which the debtor has an interest, even if it is owned or held by another person (Glossary of Common Bankruptcy… … Glossary of Bankruptcy
filing of a claim — The delivery to the clerk of the bankruptcy court of a proof of claim. The purpose of filing a claim is to make sure that the creditor is included in any potential distribution or voting on any plan. also see claim (Bernstein s Dictionary of… … Glossary of Bankruptcy
bankruptcy — also failure and insolvency a legal procedure for dealing with debt problems of individuals and business. A non technical term for a legal state of insolvency (Glossary of Common Bankruptcy Terms) A legal procedure for dealing with debt problems… … Glossary of Bankruptcy
filing fees — as of January 1, 2007, for Chapter 7 the fee is $299, for Chapter 11 it is $1,039, for Chapter 12 it is $239 and for Chapter 13 it is $274 (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
Bankruptcy Reform Act of 1978 — the first substantive bankruptcy code revision since the Chandler Act of 1938. It took effect on October 1, 1979 and some of the major elements of this act were as follows: upgrading the jurisdiction of the U.S. bankruptcy courts to deal with… … Glossary of Bankruptcy
bankruptcy assistance — Under Title 11 U.S.C. Section 101: (4A) The term bankruptcy assistance means any goods or services sold or otherwise provided to an assisted person with the express or implied purpose of providing information, advice, counsel, document… … Glossary of Bankruptcy
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
Bankruptcy of Lehman Brothers — Lehman Brothers filed for Chapter 11 bankruptcy protection on September 15, 2008. The bankruptcy of Lehman Brothers is the largest bankruptcy filing in U.S. history with Lehman holding over $600 billion in assets. [cite web… … Wikipedia
Bankruptcy — A legal proceeding involving a person or business that is unable to repay outstanding debts. The bankruptcy process begins with a petition filed by the debtor (most common) or on behalf of creditors (less common). All of the debtor s assets are… … Investment dictionary
skeleton filing — term used in bankruptcy courts to describe a bankruptcy filing in which not all the necessary forms have been filed. Certain courts allow a case to commence if only certain important forms are filed so long as the balance of required forms are… … Glossary of Bankruptcy
Bankruptcy in the United Kingdom — There is no single law on bankruptcy in the United Kingdom with there being one system for England and Wales, one for Northern Ireland and one for Scotland.In the United Kingdom, bankruptcy refers only to insolvency of individuals and… … Wikipedia