Bankruptcy terms starting with U

7 terms

1. U.S. trustee An officer of the Justice Department responsible for supervising the administration of bankruptcy cases, estates, and trustees; monitoring plans and…
2. u.s. trustees Supervise the administration of bankruptcy cases and trustee; relieve bankruptcy judges of routine administrative matters, such as appointing case…
3. undersecured claim A debt secured by property that is worth less than the full amount of the debt.
4. unliquidated claim A claim for which a specific value has not been determined.
5. unscheduled debt A debt that should have been listed by the debtor in the schedules filed with the court but was not.
6. unsecured claim A claim or debt for which a creditor holds no special assurance of payment, such as a mortgage or lien; a debt for which credit was extended based solely…
7. unsecured creditor A creditor without security for the debt.