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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

quasi

quasi [Latin, as if, as it were, from quam as + si if] : having such a resemblance to another thing as to fall within its general category [a quasi corporation] adv : in some significant...

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

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practice

practice 1 : the form and manner of conducting judicial and quasi-judicial proceedings 2 a : the continuous exercise of a profession ;also : the performance of services that are considered to require an appropriate license...

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

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

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