a petition in bankruptcy
71administrative expense claim — (or administrative claim) debt incurred by the debtor, with court approval, after the bankruptcy filing including: necessary costs of preserving the estate, wages, salaries, court costs, lawyers fees, accountants fees, trustees expenses, etc… …
72superpriority — The granting, to a post petition claim, of a priority right to payment above all other pre and post petition claims. also see Credit, Post Petition (Bernstein s Dictionary of Bankruptcy Terminology) United Glossary of Bankruptcy Terms 2012.… …
73dismissal — the termination of a bankruptcy proceeding. The bankruptcy court can dismiss a case if it deems that the debtor or three creditors should not have filed or that a plan can never be formulated (Glossary of Common Bankruptcy Terms) An order… …
74claim — A right to payment (SA Bankruptcy.com) A right to payment, whether or not fixed, contingent, liquidated, disputed, or matured. (Bernstein s Dictionary of Bankruptcy Terminology) BAR DATE The date by which claims must be filed with the Bankruptcy… …
75automatic stay — the suspension of actions, such as debt collection or foreclosure, against the company in bankruptcy. This occurs automatically when a bankruptcy petition is filed. This action protects the debtor from creditors seeking to seize its assets. It… …
76involuntary case — Creditors of a debtor may petition the court to force the debtor into a bankruptcy proceeding. This may also be referred to as a creditors petition. If the debtor has 12 or more creditors, the petition must be filed by three or more creditors… …
77prepetition — That period which arises prior to the petition date (SA Bankruptcy.com) occurring before the filing of a bankruptcy petition (Glossary of Common Bankruptcy Terms) Claims or events arising before the commencement of the bankruptcy case, that is,… …
78plan — The terms and conditions under which the debtor will pay creditors claims (SA Bankruptcy.com) CHAPTER 11 PLAN The Chapter 11 plan must contain, among other things, a division of the claims into various classes, a description of the treatment of… …
79Chapter 9, Title 11, United States Code — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …
80reasonable investigation — A debtor s attorney must certify, under penalty of sanctions, the accuracy of the debtor s bankruptcy petition and schedules and conduct a reasonable investigation before making such certification. A reasonable investigation would include, but… …
