Bankruptcy

  • 11Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005 — This legislation primarily affects consumer filings, making it more difficult for a person or estate to file for Chapter 7 bankruptcy. The BAPCPA impacts business filers as well with the heaviest impact on smaller (those listing less than $2… …

    Glossary of Bankruptcy

  • 12bankruptcy trustee — A private individual or corporation appointed in all chapter 7, chapter 12, and chapter 13 cases to represent the interests of the bankruptcy estate and the debtor s creditors (SA Bankruptcy.com) A private individual or corporation appointed in… …

    Glossary of Bankruptcy

  • 13bankruptcy clerk — This office receives and is responsible for the management and safe keeping of the documents filed under a bankruptcy case or adversary proceeding. The clerk is responsible for keeping a docket for each case, a claims register, correct copies of… …

    Glossary of Bankruptcy

  • 14Bankruptcy Amendments of 1984 — a set of amendments to the Bankruptcy Reform Act of 1978. The Amendments contain a number of provisions including: limiting the jurisdiction of the bankruptcy court, limiting the right of companies to invalidate labor contracts while in… …

    Glossary of Bankruptcy

  • 15Bankruptcy Tax Act of 1980 — the Bankruptcy Reform Act of 1978 did not specify how certain tax matters concerning bankruptcies should be handled. The Bankruptcy Tax Act of 1980 was passed to specify the tax treatment of bankruptcy tax issues. It specifies the tax treatment… …

    Glossary of Bankruptcy

  • 16bankruptcy order — (=receiving order) (Dictionary of Canadian Bankruptcy Terms) An Order handed down by the Court following the successful petition to have a person or company placed into bankruptcy. In an amendment dated December 15, 2004 this term was changed to… …

    Glossary of Bankruptcy

  • 17Bankruptcy Act of 1898 — the basis of the federal bankruptcy statutes used until the Bankruptcy Reform Act of 1978. It provided primarily for liquidation of companies; reorganization could be affected indirectly under the 1898 Act through equity receiverships (these were …

    Glossary of Bankruptcy

  • 18Bankruptcy Act of 1933 — a statutory expansion of reorganization for companies Section 77. The Bankruptcy Act of 1933 and the Bankruptcy Act of 1934 were superseded by the Chandler Act of 1938 (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 19Bankruptcy Act of 1934 — a further statutory expansion of reorganization for companies; (see Section 77B); the Bankruptcy Act of 1933 and the Bankruptcy Act of 1934 were superseded by the Chandler Act of 1938. (Common Bankruptcy Terms) United Glossary of Bankruptcy Terms …

    Glossary of Bankruptcy

  • 20bankruptcy administrator — an officer of the judiciary serving the judicial districts of Alabama and North Carolina who, like a United States trustee, is responsible for supervising the administration of bankruptcy cases, estates and trustees; monitoring plans and… …

    Glossary of Bankruptcy