Chapter 7 - Law Dictionary Search Results
chapter 7
chapter 7 : chapter 7 of the U.S. Bankruptcy Code see also … chapter 7 : chapter 7 of the U.S. Bankruptcy Code see also Bankruptcy Code in
chapter 7 (individual bankruptcy)
chapter 7 (individual bankruptcy) A petition designed to liquidate the debtor's property,
chapter 7 bankruptcy
chapter 7 bankruptcy a bankruptcy that requires assets be liquidated in exchange
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bankruptcy
is called “involuntary bankruptcy.” Involuntary bankruptcy is allowed only under chapter 7 or chapter 11 of the U.S. Bankruptcy Code. There are … available to individuals or corporations under the Bankruptcy Code: liquidation (chapter 7), reorganization (chapter 11), debt adjustment for a family farmer (chapter
trustee in bankruptcy
of their claims: as a : the trustee in a chapter 7 or chapter 11 case who is charged with duties that
family farmer
family farmer may also have the option of filing under chapter 7 or chapter 13.
means test
applies a "means test" to determine whether an individual debtor's chapter 7 filing is presumed to be an abuse of the Bankruptcy
preserve
be preserved "U.S. Constitution amend. VII"] [the dismissal of a chapter 7 case…reinstates certain transfers voided or preserved in the case "J.
Chapter
Chapter [fr. Apitulum, Lat.], a congregation of ecclesiastical persons in a … or by court order, to satisfy creditors, Black's Law Dictionary, 7th Edn. Chapter shall mean a Chapter of the Act or
reaffirmation agreement
reaffirmation agreement An agreement by a chapter 7 debtor to continue paying a dischargeable debt (such as an
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