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bankruptcy petition

bankruptcy petition The document filed in Bankruptcy Court that details the assets and liabilities of the debtor. Source: FindLaw

capias ad satisfaciendum

him/her) satisfy (the claim)] : a writ or process commanding an officer to place a person (as a debtor) under civil arrest until a claim is satisfied

cession

another: as a in the civil law of Louisiana : assignment or transfer of property rights by a debtor to a creditor b : transfer of liability by an insurer to a reinsurer c : transfer of

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codebtor

codebtor : one that shares liability for a debt : a fellow debtor

composition

composition : an agreement between an insolvent debtor and several creditors whereby partial payment of the debts discharges in full the original obligations compare accord, compromise

confession of judgment

confession of judgment :acknowledgment by a debtor of a claim and consent that a judgment may be entered usu. without notice or hearing for the

confirm

confirm 1 a : to make valid by necessary formal approval [the debtor's chapter 13 plan ed by the court] b : to vote approval of [ a nomination] 2 :

controlling

controlling 1 a : exercising domination or influence [the principles of law] b : dispositive [judgment debtor's stipulation to pay a specified amount is not "J. H. Friedenthal et al."] 2 : having controlling interest

insider preference

insider preference : a transfer of property by a debtor in bankruptcy to an insider made more than ninety days prior to but within one year of the

foreclosure

extinguishment (as under the provisions of Article 9 of the Uniform Commercial Code) of the rights of a debtor in personal property subject to a security interest by judicial proceedings and esp. by judicial sale see also

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