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A method of organizing work in the clerks office; one deputy clerk or a team of employees handles all the steps in a single case from start to finish.
- Browse Related Terms: Bankruptcy appellate panels (BAPS), bankruptcy court, bankruptcy judge, bankruptcy reform act of 1978; bankruptcy amendments and judgeship act of 1984, case administrator system, change of venue, dismissal, en banc, final decree, joint administration, judge, jurisdiction, venue
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The law as laid down in cases that have been decided in the decisions of the courts.
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Moving the case from the jurisdiction of one bankruptcy court to another.
- Browse Related Terms: Bankruptcy appellate panels (BAPS), bankruptcy court, bankruptcy judge, bankruptcy reform act of 1978; bankruptcy amendments and judgeship act of 1984, case administrator system, change of venue, dismissal, en banc, final decree, joint administration, judge, jurisdiction, venue
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The chapter of the Bankruptcy Code providing (generally) for reorganization, usually involving a corporation or partnership. (A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.)
- Browse Related Terms: amortize, ballot, bankruptcy, chapter 11, chapter 13, chapter 15, chapter 9, confirmation, Conversion, creditors committee, debtor-in-possession, exclusivity period, no-asset case, Plan, plan of reorganization, preference or preferential debt payment, reaffirmation agreement, reorganization
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The chapter of the Bankruptcy Code providing for adjustment of debts of a "family farmer," or a "family fisherman" as those terms are defined in the Bankruptcy Code.
- Browse Related Terms: 341 meeting, chapter 12, chapter 7, claims bar date, credit counseling, creditors' meeting, debtor education, disclosure statement, family farmer, family farmer or family fisherman, means test
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The chapter of the Bankruptcy Code providing for adjustment of debts of an individual with regular income. (Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years.)
- Browse Related Terms: amortize, ballot, bankruptcy, chapter 11, chapter 13, chapter 15, chapter 9, confirmation, Conversion, creditors committee, debtor-in-possession, exclusivity period, no-asset case, Plan, plan of reorganization, preference or preferential debt payment, reaffirmation agreement, reorganization
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The chapter of the Bankruptcy Code dealing with cases of cross-border insolvency.
- Browse Related Terms: amortize, ballot, bankruptcy, chapter 11, chapter 13, chapter 15, chapter 9, confirmation, Conversion, creditors committee, debtor-in-possession, exclusivity period, no-asset case, Plan, plan of reorganization, preference or preferential debt payment, reaffirmation agreement, reorganization
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The chapter of the Bankruptcy Code providing for "liquidation,"(
- Browse Related Terms: 341 meeting, chapter 12, chapter 7, claims bar date, credit counseling, creditors' meeting, debtor education, disclosure statement, family farmer, family farmer or family fisherman, means test
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The chapter of the Bankruptcy Code providing for reorganization of municipalities (which includes cities and towns, as well as villages, counties, taxing districts, municipal utilities, and school districts).
- Browse Related Terms: amortize, ballot, bankruptcy, chapter 11, chapter 13, chapter 15, chapter 9, confirmation, Conversion, creditors committee, debtor-in-possession, exclusivity period, no-asset case, Plan, plan of reorganization, preference or preferential debt payment, reaffirmation agreement, reorganization
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The judge who has primary responsibility for the administration of a court but also decides cases; chief judges are determined by seniority.
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Creditors right to payment.
A creditor's assertion of a right to payment from the debtor or the debtor's property.
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All > Law > Bankruptcy
Last day to file proof of claim, usually 90 days after the section 341(a) meeting of creditors.
- Browse Related Terms: 341 meeting, chapter 12, chapter 7, claims bar date, credit counseling, creditors' meeting, debtor education, disclosure statement, family farmer, family farmer or family fisherman, means test
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An officer appointed by the court to work with the chief judge in overseeing the courts administration, especially to assist in managing the flow of cases through the court and to maintain court records.
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A pleading that is filed to initiate a lawsuit or adversary proceeding.
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The courts approval of the debtors plan before it goes into effect.
Bankruptcy judges's approval of a plan of reorganization or liquidation in chapter 11, or payment plan in chapter 12 or 13.
- Browse Related Terms: amortize, ballot, bankruptcy, chapter 11, chapter 13, chapter 15, chapter 9, confirmation, Conversion, creditors committee, debtor-in-possession, exclusivity period, no-asset case, Plan, plan of reorganization, preference or preferential debt payment, reaffirmation agreement, reorganization
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Debt incurred by an individual primarily for a personal, family or household purpose.
- Browse Related Terms: administrative claim, consumer debt, consumer debts, Debt, discharge, dischargeable debt, insider (of corporate debtor), insider (of individual debtor), Net Income, net worth, objection to dischargeability, substantive consolidation
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A debtor whose debts are primarily consumer debts.
- Browse Related Terms: consumer debtor, equity, Garnishment, Lien, nondischargeable debt, secured creditor, statement of intention, undersecured claim, unsecured claim, unsecured creditor
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Debts incurred for personal, as opposed to business, needs.
- Browse Related Terms: administrative claim, consumer debt, consumer debts, Debt, discharge, dischargeable debt, insider (of corporate debtor), insider (of individual debtor), Net Income, net worth, objection to dischargeability, substantive consolidation
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Those matters, other than objections to claims, that are disputed but are not within the definition of adversary proceeding contained in Rule 7001.
- Browse Related Terms: adversary proceeding, answer, Bankruptcy Code, bar date, complaint, contested matter, court reporter, defendant, Docket, federal rules of bankruptcy procedure, federalism, plaintiff, pro se, straight bankruptcy
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A claim that may be owed by the debtor under certain circumstances,
- Browse Related Terms: automatic stay, automatic stay provision, bankruptcy petition, contingent claim, creditor, Debtor, fresh start, joint petition, liquidated claim, matrix, Priority, priority claim, proof of claim, schedules, unliquidated claim, unscheduled debt