Bankruptcy terms starting with F

7 terms

1. family farmer Individual and family engaged in farming operation.
2. family farmer or family fisherman An individual, individual and spouse, corporation, or partnership engaged in a farming or fishing operation that meets certain debt limits and other…
3. federal rules of bankruptcy procedure Govern practice and proceedings in the bankruptcy courts.
4. federalism The theory under which the powers of government are divided between the states and the central government.
5. final decree Order of the court that the case has been fully administered and is closed.
6. fraudulent transfer A transfer of a debtor's property made with intent to defraud or for which the debtor receives less than the transferred property's value.
7. fresh start The characterization of a debtor's status after bankruptcy,