Petitioning Creditor - Law Dictionary Search Results
Petitioning creditor
Matched in: Term Petitioning creditor
Arrangements between debtors and creditors
Arrangements between debtors and creditors. The 125th and 126th sections of the (English) Bankruptcy Act, 1869, which repealed an Act of 1861, allowed
proceeding
denial of a direct appeal] core proceeding : a proceeding (as one instituted by a debtor against a creditor) that is integral to the administration of a bankruptcy estate and so falls under the jurisdiction of the … action, hearing, trial, or application before the court collateral proceeding : a proceeding that concerns an order, motion, petition, or writ deriving from or sought in relation to another proceeding (as a trial) [a collateral proceeding on
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bill
it has expired. Bills of review are abolished in federal practice by Federal Rule of Civil Procedure 60(b). creditor's bill : an equitable bill by which a creditor who has won a court judgment against a debtor
perfect
to give notice esp. by filing a financing statement or taking possession of the collateral [was the first creditor to its security interest in the debtor's collateral, and, thus, was the first in priority for the collateral
Petition
right to petition the sovereign, or the two Houses of Parliament, and all commit-ments and prosecutions for such petitioning are declared by the Bill of Rights (see BILL OF RIGHTS) to be illegal. But by 13 Car. … disposed of on originating summons. Consult Dan. Ch. Pr. In bankruptcy, proceedings are commenced by one or more creditors of the debtor, or the debtor himself, filing a petition in the Court of Bankruptcy, praying that the
judgment
judgment by default compare decree pro confesso at decree deficiency judgment : a judgment in favor of a creditor for the balance of a debt that is not satisfied in full by the security ;esp : such
Interest
345: (1964) 1 SCWR 689.) the interest is a payment to be made by the debtor to the creditor when money was due to the creditor but was not paid or in other words was withheld from
order
property to another ;esp : an order commanding a judgment debtor to turn over assets to a judgment creditor [turnover order in aid of execution "California Code of Civil Procedure"] c : a command issued by a
Imprisonment
the order; [see Re Strong, (1886) 32 Ch D 342]. (5) Default in payment for the benefit of creditors of any portion of a salary or other income in respect of the payment of which any Court
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