bankruptcy court
41court of equity — often cap C&E: a court having jurisdiction over suits in equity and administering justice and providing remedies according to the rules and principles of equity compare court of law ◇ Rule 1 of the Federal Rules of Civil Procedure abolishes the… …
42bankruptcy petition preparer — A nonlawyer who helps debtors complete their bankruptcy paperwork for a fee. Bankruptcy petition preparers may not give legal advice or represent people in court; instead, they act as a typing service, completing the required bankruptcy forms as… …
43bankruptcy 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… …
44bankruptcy 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… …
45bankruptcy, 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… …
46bankruptcy, 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 …
47bankruptcy, 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.… …
48bankruptcy — Inability to pay debts. In bankruptcy of a publicly owned entity, the ownership of the firm s assets is transferred from the stockholders to the bondholders. Bloomberg Financial Dictionary Legal status of a company unable to pay creditors.… …
49Bankruptcy — State of being unable to pay debts. Thus, the ownership of the firm s assets is transferred from the stockholders to the bondholders. The New York Times Financial Glossary * * * bankruptcy bank‧rupt‧cy [ˈbæŋkrʌptsi] noun bankruptcies PLURALFORM… …
50Claim in bankruptcy — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …
