Bankruptcy Debt - Law Dictionary Search Results
Bankruptcy debt
Matched in: Term Bankruptcy debt
bankruptcy
Matched in: Term bankruptcy
Act of Bankruptcy
Matched in: Term Act of Bankruptcy
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preference
for an earlier debt that gives the creditor more than the creditor would otherwise receive (as under a bankruptcy settlement) called also voidable preference compare antecedent debt at debt, fraudulent conveyance general assignment at assignment NOTE: Preferences
Preferential payments
Preferential payments, in bankruptcy, administra-tion of estates of persons dying insolvent, and winding up of a company:-One year's rates and taxes, four … sums due under the Workmen's Compensation Acts, the National Insurance Acts (Health and Unemployment and Contributory Pensions). These debts rank equally between them unless the assets are insufficient, in which case they are to abate in equal
Bankruptcy notice
Matched in: Term Bankruptcy notice
Debt
Matched in: Term Debt
Insolvency
from a bankrupt, was an insolvent who was not a trader: for until the passing of the (English) Bankruptcy Act, 1861, only a trader could be made bankrupt in the sense of obtaining an absolute discharge from … Insolvency, the state of one who has not property sufficient for the full payment of his debts. An insolvent, as distinguished from a bankrupt, was an insolvent who was not a trader: for until the
Voluntary conveyance
and must be proved in limine. As to good consideration, see CONSIDERATION (end of title). By the (English) Bankruptcy Act, 1914, s. 42:- (1) Any settlement of property not being in consideration of marriage or upon a … within ten years if the settlor was not at the time of the settlement able to pay his debts without the aid of the settled property and had not transferred the property to the trustee of the
Order of Discharge
Order of Discharge, an order made under the Bankruptcy Act 1914, s. 26, by a Court of bankruptcy, the effect of which is to discharge a bankrupt … s. 26, by a Court of bankruptcy, the effect of which is to discharge a bankrupt from all debts, claims, or demands provable under the bankruptcy, except Crown debts, debts incurred by fraud, and certain judgments (s.
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