us bankruptcy code

  • 51Chapter 7 bankruptcy —    Liquidation or straight bankruptcy, the most familiar sort, in which many or all debts are discharged (i.e., wiped out) completely in exchange for an individual s or business nonexempt property. Proceeds are distributed to creditors. Chapter 7 …

    Business law dictionary

  • 52Chapter 11 bankruptcy —    Reorganization bankruptcy mainly for businesses, either voluntary or involuntary, in which the debtor remains in possession and control of the business. The creditors and the debtor agree on a plan that permits the business to continue after… …

    Business law dictionary

  • 53Chapter 13 bankruptcy —    Reorganization bankruptcy for individual consumers that may allow the full repayment of debts. Individuals keep their property and use their income to pay their debts (partly or fully) over three to five years, according to a plan presented to …

    Business law dictionary

  • 54family farmer bankruptcy — (Chapter 12) Chapter 12 of the Bankruptcy Code provides special debt repayment relief for a family farmer with regular income whose annual income is sufficiently stable and regular to enable such farmer to make payments under a plan as provided… …

    Black's law dictionary

  • 55family farmer bankruptcy — (Chapter 12) Chapter 12 of the Bankruptcy Code provides special debt repayment relief for a family farmer with regular income whose annual income is sufficiently stable and regular to enable such farmer to make payments under a plan as provided… …

    Black's law dictionary

  • 56United States Code — n. A compilation of federal statutes, updated every six years and supplemented in between. abbrv. USC The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. United States Code …

    Law dictionary

  • 57US Code — USA US Code, Also known as USC, United States Code. The multivolume codification of the federal laws of the United States based on the statutes at large, divided by broad subject matter into 50 titles. Not all titles have been enacted into law.… …

    Law dictionary

  • 58Claim in bankruptcy — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …

    Wikipedia

  • 59Title 11 of the United States Code — outlines the role of Bankruptcy in the United States Code.* Part I Commencement Of Case; Proceedings Relating To Petition And Order For Relief * Part II Officers And Administration; Notices; Meetings; Examinations; Elections; Attorneys And… …

    Wikipedia

  • 60Source code escrow — means deposit of the source code of the software into an account held by a third party escrow agent. Escrow is typically requested by a party licensing software (the licensee), to ensure maintenance of the software. The software source code is… …

    Wikipedia