Bankruptcy

  • 91superintendent of bankruptcy — The person appointed by the Federal Government to supervise the administration of insolvency estates in Canada (Ontario Bankruptcy Dictionary) A federally appointed official who oversees the administration of the Bankruptcy and insolvency Act in… …

    Glossary of Bankruptcy

  • 92involuntary bankruptcy — a bankruptcy initiated by at least three creditors holding unsecured claims aggregating at least $5,000 against the debtor. Data from the U.S. Administrative Office of the Courts subdivides bankruptcies into voluntary and involuntary (Glossary of …

    Glossary of Bankruptcy

  • 93non-business bankruptcy — a bankruptcy categorized by the U.S. courts as a non business bankruptcy. The debtor in a non business bankruptcy is usually either an individual or a family farm. Data from the U.S. Administrative Office of the Courts subdivides bankruptcies… …

    Glossary of Bankruptcy

  • 94personal bankruptcy — filed by an individual and also called a household bankruptcy, consumer bankruptcy or wage earner bankruptcy. Chapter 13 and also Chapter 12 (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 95straight bankruptcy — an informal term for a Chapter 7 bankruptcy or liquidation; used more commonly to describe liquidation before the Bankruptcy Reform Act of 1978 (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 96consumer bankruptcy — A bankruptcy case filed to reduce or eliminate debts that are primarily consumer debts (SA Bankruptcy.com) A bankruptcy case filed to reduce or eliminate debts that are primarily consumer debts. (BankruptcyAction.com) United Glossary of… …

    Glossary of Bankruptcy

  • 97assignment into bankruptcy — The act of a person who places himself or his company into bankruptcy pursuant to the Bankruptcy and Insolvency Act. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 98trustee in bankruptcy — An individual or corporation licensed by the Superintendent of Bankruptcy pursuant to the Bankruptcy and insolvency Act (Ontario Bankruptcy Dictionary) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 99Retired Benefits Bankruptcy Protection Act — passed June 16, 1988. This allows the debtor to continue to pay insurance premiums for employees during the course of a bankruptcy (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 100voluntary bankruptcy — bankruptcy filed by the debtor itself; data from the U.S. Administrative Office of the Courts subdivides bankruptcies into voluntary and involuntary (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy