United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.
Personal bankruptcy — is a procedure which, in certain jurisdictions, allows an individual to declare bankruptcy. In other jurisdictions, bankruptcies are reserved for corporations. Personal bankruptcy (Canada) The concept behind bankruptcy in Canada is that an… … Wikipedia
bankruptcy sale — A free and clear sale of debtor s real estate or personal property conducted by the bankruptcy court through the trustee in order to obtain proceeds for distribution to creditors of the bankruptcy estate. (Bernstein s Dictionary of Bankruptcy… … Glossary of Bankruptcy
personal property — Assets, such as cars, stock, furniture, etc., that is not real estate or affixed to real property. (Bankruptcy in Brief) Property that is not real property; things moveable, also known as chattels. (Dictionary of Canadian Bankruptcy Terms) United … Glossary of Bankruptcy
Personal Property Security Act — PPSA Personal Property Security Act The system, for example, in British Columbia and most common law provinces, whereby a person is required to register any interest that he has in the property of another before the security is valid. The… … Glossary of Bankruptcy
Bankruptcy alternatives — Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. In most cases personal bankruptcy is initiated by the bankrupt individual. Bankruptcy is a legal process that discharges… … Wikipedia
Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… … Wikipedia
wage-earner bankruptcy — (see Chapter 13 and personal bankruptcy) (Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
Bankruptcy Abuse Prevention and Consumer Protection Act (US) — Bankruptcy Abuse Prevention and Consumer Protection Act Full title An Act to amend title 11 of the United States Code, and for other purposes. Acronym BAPCPA Colloquial name(s) Bankruptcy Reform Enacted by the … Wikipedia
personal financial responsibility counseling — A class intended to teach budgeting and debt management skills to those who have filed for bankruptcy. Under the 2005 bankruptcy law, someone who files for bankruptcy must get personal financial responsibility counseling before he or she can… … Law dictionary
bankruptcy — bank·rupt·cy / baŋ ˌkrəp sē/ n pl cies 1: the quality or state of a bankrupt filed for bankruptcy 2: the administration of an insolvent debtor s property by the court for the benefit of the debtor s creditors the debt was discharged in bankruptcy … Law dictionary
