Bankruptcy
71bankruptcy proceedings — ➔ proceedings * * * bankruptcy proceedings UK US noun [plural] ► LAW, FINANCE the legal process of becoming officially bankrupt (= unable to pay what you owe): »The county emerged from bankruptcy proceedings in June. »The company has been under… …
72bankruptcy judge — n. A United States District Court judge appointed by a United States Court of Appeals to preside exclusively over bankruptcy proceedings filed within a designated United States District Court s jurisdiction. Webster s New World Law Dictionary.… …
73bankruptcy court — ➔ court1 * * * bankruptcy court UK US noun [C] LAW, FINANCE ► a special court that deals with situations in which a business or a person becomes unable to pay their debts, and is officially bankrupt: »The agency will assume much of the burden if… …
74bankruptcy judge — ➔ judge1 * * * bankruptcy judge UK US noun [C] LAW, FINANCE ► a judge (= person in charge of a court) who deals with situations in which a business or a person becomes unable to pay their debts, and is officially bankrupt: »The pay program will… …
75Bankruptcy protection — is a legal procedure in some jurisdiction which allows for an alternative to conventional bankruptcy proceedings.For further details, see: * Administration (insolvency) in the United Kingdom * Chapter 11 in the United Statesee also* Bankruptcy… …
76Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 — (BAPCPA) USA Extensive amendments to the Bankruptcy Code signed into law on April 20, 2005, which generally became effective on October 17, 2005. These amendments have in general disadvantaged debtors and shifted leverage on various important… …
77bankruptcy notice — UK US noun [C] ► LAW, FINANCE a written statement that a person or company has declared bankruptcy (= owes more money than they can pay) and that is sent to anyone to whom they owe money: »With good procedures in place, creditors should receive… …
78Bankruptcy, Moral Aspect of — • Bankruptcy must be considered not only from the legal but also from the moral point of view; for sound morality prescribes that debts must be paid Catholic Encyclopedia. Kevin Knight. 2006 …
79bankruptcy, Chapter 7 — n. Straight bankruptcy; a proceeding that liquidates property, pays off debts, and leaves the debtor discharged. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …
80Bankruptcy Act — n. The federal statute, adopted in 1898, that governed all bankruptcy cases filed before October 1, 1979. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …
