Bankruptcy - Law Dictionary Search Results
Home Dictionary Name: bankruptcy Page: 2 Page 2 of about 246 results (0.002 seconds)trustee in bankruptcy
trustee in bankruptcy :an officer of the court in whom ownership of a debtor's property is vested for the benefit of the creditors and who administers the property for the purpose of making payments to the creditors according to the priority of their claims: as a : the trustee in a chapter 7 or chapter 11 case who is charged with duties that include collecting the property comprising the bankruptcy estate and reducing it to money for payment of claims b : the trustee in a chapter 12 or chapter 13 case who is charged with duties that include distributing payments made by the debtor in accordance with a confirmed plan called also bankruptcy trustee see also debtor in possession ...
Accountant in bankruptcy
Accountant in bankruptcy, an officer who had the management of the proceeds of bankrupts' estates. The repealed (English) Bankruptcy Act, 1861 (24 & 25 Vict. C. 134), s. 12, provided that upon the first vacancy the office should be abolished, and its duties discharged by the Chief Registrar. The funds in the Bank of England standing in his name were transferred (upon certain conditions) to the National Debt Commissioners, by 32 & 33 Vict. C. 91. See BANKRUPTCY....
voluntary bankruptcy
voluntary bankruptcy : bankruptcy declared upon petition of the debtor see also bankruptcy ...
pre-packaged bankruptcy
pre-packaged bankruptcy : a bankruptcy plan that has been negotiated between the debtor and creditors prior to the debtor's filing for bankruptcy ...
involuntary bankruptcy
involuntary bankruptcy : bankruptcy declared upon petition of creditors see also bankruptcy ...
Bankruptcy (Scotland)
Bankruptcy (Scotland), See the (English) Bankruptcy (Scotland) Act, 1913 (3 & 4 Geo. 5, c. 20), repealing a number of earlier enactments and consolidating the law....
Comptroller in bankruptcy
Comptroller in bankruptcy, an officer appointed under the repealed Bankruptcy Act, 1869, ss. 55-58, for the purpose of receiving and examining the accounts of trustees....
Bankruptcy expenses
Bankruptcy expenses, means all fees, costs, charges and other expenses incurred in the course of bankruptcy proceedings, Halsbury's Laws of England, Vol. 3(2), 4th Edn., Para 562, p. 306....
Bankruptcy court
Bankruptcy court, means a court that is an unit of Federal District Court and has original jurisdiction over bankruptcy cases, Webster's Dictionary of Law, Indian Edn. (2005), p. 44...
chapter 7 bankruptcy
chapter 7 bankruptcy a bankruptcy that requires assets be liquidated in exchange for the cancellation of debt. Source: U.S. Department of Housing and Urban Development ...
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