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preference or preferential debt payment

preference or preferential debt payment A debt payment made to a creditor in the 90 Source: Administrative Office of the U.S. Courts

prebankruptcy planning

debtor to take maximum advantage of exemptions. (Prebankruptcy planning typically includes converting nonexempt assets into exempt assets.) Source: Administrative Office of the U.S. Courts

postpetition transfer

postpetition transfer A transfer of the debtor's property made after the commencement of the case. Source: Administrative Office of the U.S. Courts

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property of the estate

All legal or equitable interests of the debtor in property as of the commencement of the case. Source: Administrative Office of the U.S. Courts

petition preparer

petition preparer A business not authorized to practice law that prepares bankruptcy petitions. Source: Administrative Office of the U.S. Courts

PBGC

PBGC Pension Benefit Guaranty Corporation see also Pension and Welfare Benefits Administration in the Important Agencies section

organize

organize -nized -niz·ing vt 1 a : to set up an administrative structure for b : to persuade to associate in an organization (as a union) 2 : to arrange

opposition proceeding

a proceeding in a federal court, but is held before the Trademark Trial and Appeal Board, a USPTO administrative tribunal. Source: U.S. Patent and Trademark Office

operating expenses

a business not directly associated with the making of a product or providing of a service, such as administrative, technical or selling expenses

opening statement

opening statement : a statement to the jury by trial counsel before the presentation of evidence that usually explains the nature of the case, the factual matters to be proven, and the evidence to be presented...

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