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• The arrangement (or rearrangement) of a debtor's property to allow the debtor to take maximum advantage of exemptions. (Prebankruptcy planning typically includes converting nonexempt assets into exempt assets.)

  U.S. Courts - Cite This Source - This Definition
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  Cite Definition for prebankruptcy planning

  American Psychological Association (APA)

  prebankruptcy planning. (n.d.). US Bankruptcy Court Southern District of Iowa. Retrieved June 5, 2023, from website: http://www.expertglossary.com/definition/prebankruptcy-planning.

  Chicago Manual of Style (CMS)

  prebankruptcy planning. www.uscourts.gov. US Bankruptcy Court Southern District of Iowa. U.S. Courts. http://www.expertglossary.com/definition/prebankruptcy-planning (accessed: June 5, 2023).

  Modern Language Association (MLA)

  "prebankruptcy planning." US Bankruptcy Court Southern District of Iowa. U.S. Courts. 5 June. 2023 http://www.expertglossary.com/definition/prebankruptcy-planning.

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