Debtor - Law Dictionary Search Results
property of the estate
property of the estate All legal or equitable interests of the debtor in property as of the commencement of the case. Source: Administrative Office of the U.S. Courts
reaffirmation agreement
reaffirmation agreement An agreement by a chapter 7 debtor to continue paying a dischargeable debt (such as an auto loan) after the bankruptcy, usually for the purpose
privilege
: a right of a creditor conferred by the nature of a debt to have priority over the debtor's other creditors 2 : any of various fundamental or specially sacred rights considered as particularly guaranteed to all
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priority claim
paid.proof of claim A written statement and verifying documentation filed by a creditor that describes the reason the debtor owes the creditor money. (There is an official form for this purpose.) Source: Administrative Office of the U.S.
preference
over the creditors of the heirs or legatees "Louisiana Civil Code"] 2 : the transfer of an insolvent debtor's interest in property to a creditor for an earlier debt that gives the creditor more than the creditor
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
Deed of arrangement
Deed of arrangement. See ARRANGEMENTS BET-WEEN DEBTORS AND CREDITORS.
Nexi
were delivered bound to their creditors, and obliged to serve them until they could pay their debts. Means debtors given in bondage to creditors until their debts have been paid, Black's Law Dictionary, 7th Edn., p. 1065.
Ne exeat regno
debt; since the Judicature Acts not to be issued except in cases coming within s. 6 of the Debtors Act, 1869; see Drover v. Beyer, (1879) 13 Ch D 242.
Letter of licence
the meantime he should be free from arrest for debt; but arrest for debt was abolished by the Debtors Act, 1869 (32 & 33 Vict. c. 62), subject to the provisions of that Act.
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