Bankruptcy terms starting with I

4 terms

  1. insider (of corporate debtor) A director, officer, or person in control of the debtor; a partnership in which the debtor is a general partner; a general partner of the debtor; or a…
  2. insider (of individual debtor) Any relative of the debtor or of a general partner of the debtor; partnership in which the debtor is a general partner; general partner of the debtor; or…
  3. involuntary filing A bankruptcy case that a creditor or group of creditors initiates.
  4. Issue When a corporation offers a stock or bond for sale, or a government offers a bond, the security is known as an issue, and the company or government is the…