wage earner's plan

  • 1wage earner's plan — (Chapter 13). Under Chapter 13 of the Bankruptcy Code, any insolvent debtor who is a wage earner (earns wages, salary, or commission) can formulate and file a plan with the court that provides the debtor with additional time to pay off unsecured… …

    Black's law dictionary

  • 2wage earner's plan — (Chapter 13). Under Chapter 13 of the Bankruptcy Code, any insolvent debtor who is a wage earner (earns wages, salary, or commission) can formulate and file a plan with the court that provides the debtor with additional time to pay off unsecured… …

    Black's law dictionary

  • 3wage earner's plan — A form of bankruptcy under a former federal law whereby an individual retained her property and paid off a debt over a period of time, as determined by a court and subject to supervision by the court. Dictionary from West s Encyclopedia of… …

    Law dictionary

  • 4wage earner's plan — A chapter 13 plan of reorganization (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 5wage-earner's plan — A proceeding provided by Chapter XIII of the Bankruptcy Act, the function of which is to assist the financial rehabilitation of a debtor who qualifies as a wage earner, without adjudicating him a bankrupt. 9 Am J2d BanKr §§ 1382 et seq …

    Ballentine's law dictionary

  • 6Chapter 13 - Wage Earner's Plan — A petition designed for any insolvent debtor who is a wage earner to provide the debtor with additional time to pay off creditors (Legal Dictionary: Bankruptcy Law) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 7Wage Earner Plan (Chapter 13 Bankruptcy) — Also known as a Chapter 13 bankruptcy, this enables individuals with regular income to develop a plan to repay all or part of their debts for a period of three to five years. The repayment period depends on the debtor s monthly income as compared …

    Investment dictionary

  • 8wage-earner — Literally, one who earns wages. For the purpose of the exception from involuntary adjudication in bankruptcy, an individual who works for wages, salary, or hire at a rate of compensation not exceeding $1,500 per year. Bankruptcy Act § 1(32); 11… …

    Ballentine's law dictionary

  • 9Chapter 13 (wage earner's) bankruptcy — See bankruptcy proceedings (wage earner s plan) …

    Black's law dictionary

  • 10Chapter 13 (wage earner's) bankruptcy — See bankruptcy proceedings (wage earner s plan) …

    Black's law dictionary