the negative impacts of personal bankruptcy, individuals in debt have a number of bankruptcy alternatives. Bankruptcy prevents a person's creditors from...
7 KB (947 words) - 21:02, 1 April 2023
years later.[edition needed] Economy portal Law portal Bankruptcy Act Bankruptcy alternatives Creditor's rights Debt consolidation Debt relief Debt restructuring...
78 KB (9,010 words) - 00:08, 9 January 2025
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States....
32 KB (3,681 words) - 07:11, 20 November 2024
In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). The United States Constitution...
57 KB (7,458 words) - 17:52, 29 August 2024
2022, a law was enacted requiring judges in California to document all alternatives to a conservatorship before granting one, giving potential conservatees...
17 KB (2,228 words) - 07:32, 3 January 2025
Sovereign default (redirect from National bankruptcy)
frequently difficult. Such willful defaults (the equivalent of strategic bankruptcy by a company or strategic default by a mortgager, except without the possibility...
23 KB (2,829 words) - 06:17, 23 November 2024
debts (i.e. debts owed by businesses) Represent creditor's interests in a bankruptcy proceeding Foreclose on homes or commercial real estate if the purchaser...
8 KB (1,036 words) - 04:07, 7 December 2024
the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent...
17 KB (1,909 words) - 17:32, 25 October 2024
history is Lehman Brothers, with over $600 billion when it filed for bankruptcy in 2008 (equivalent to over $830 billion in 2023). The biggest sovereign...
10 KB (1,237 words) - 02:54, 3 December 2024
Insolvency (category Bankruptcy law legal terminology)
Rules, 2005. In Canada, bankruptcy and insolvency are generally regulated by the Bankruptcy and Insolvency Act. An alternative regime is available to larger...
21 KB (2,744 words) - 20:06, 7 September 2024
A trustee in bankruptcy is an entity, often an individual, in charge of administering a bankruptcy estate. In Canada, a licensed insolvency trustee (LIT)...
10 KB (909 words) - 23:42, 17 October 2024
insolvency practitioner: Administrations Administrative receiverships Bankruptcy Company voluntary arrangements Compulsory liquidations Creditors' voluntary...
6 KB (550 words) - 04:35, 17 August 2023
Insolvency and Bankruptcy Code, 2016 (IBC) is an Indian law which creates a consolidated framework that governs insolvency and bankruptcy proceedings for...
19 KB (1,517 words) - 14:13, 31 October 2024
of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated...
73 KB (8,373 words) - 01:33, 11 November 2024
Personal bankruptcy law allows, in certain jurisdictions, an individual to be declared bankrupt. Virtually every country with a modern legal system features...
7 KB (741 words) - 20:03, 3 August 2024
Anti-deprivation rule Bankruptcy alternatives Creditors' rights Chapter 9 (US) Debtor Default Financial distress History of bankruptcy law List of bankrupts...
4 KB (451 words) - 17:07, 14 July 2024
including consumer proposals, personal bankruptcy and credit counselling as well as a range of bankruptcy alternatives like debt consolidation, orderly payment...
18 KB (1,487 words) - 14:02, 26 December 2024
Anti-deprivation rule Bankruptcy alternatives Creditors' rights Chapter 9 (US) Debtor Default Financial distress History of bankruptcy law List of bankrupts...
4 KB (492 words) - 10:24, 1 December 2022
Restructuring (category Bankruptcy)
demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate...
9 KB (919 words) - 01:39, 15 December 2024
Secured creditor (category Bankruptcy)
interest over some or all of the assets of the debtor. In the event of the bankruptcy of the debtor, the secured creditor can enforce security against the assets...
698 bytes (88 words) - 02:14, 7 January 2023
Liquidation (category Bankruptcy)
(sometimes referred to as a creditors' liquidation or receivership following bankruptcy, which may result in the court creating a "liquidation trust"; or sometimes...
22 KB (2,492 words) - 18:17, 30 December 2024
The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock on September 15, 2008, was the climax of the subprime mortgage crisis...
45 KB (5,150 words) - 03:55, 12 December 2024
may be removed by a creditor's resolution, or application to the court. Bankruptcy Administration (insolvency) Provisional liquidator "The liquidator: competencies...
6 KB (887 words) - 05:25, 13 December 2024
Pari passu (category Bankruptcy)
three of them. This term is also often used in the lending area and in bankruptcy proceedings, where creditors are said to be paid pari passu, or each creditor...
5 KB (596 words) - 13:39, 18 December 2023
A Referee in Bankruptcy or Bankruptcy Referee was a federal official with quasi-judicial powers, appointed by a United States district court to administer...
5 KB (743 words) - 03:42, 15 November 2024
Enterprise Bankruptcy Law of the People's Republic of China (trial Implementation) was first passed in 1986. On 1 June 2007, the new Enterprise Bankruptcy Law...
2 KB (234 words) - 12:10, 24 June 2023
Receivership (category Bankruptcy)
(Ireland) 1877 under the Rules of the Superior Courts. Administration Bankruptcy Bailout Conservatorship Debtor-in-possession financing Examinership Floating...
19 KB (2,134 words) - 03:52, 4 April 2024
Australian insolvency law (redirect from Australian bankruptcy law)
the term insolvency is usually used with reference to companies, and bankruptcy is used in relation to individuals. Insolvency law in Australia tries...
59 KB (7,724 words) - 08:11, 1 November 2024
competitive pressure of the euro. Whole countries are on the brink of bankruptcy.] Frymark, Kamil (10 April 2013). "German Euro-sceptics to establish a...
250 KB (20,462 words) - 13:29, 8 January 2025
Pre-packaged insolvency (redirect from Prepackaged bankruptcy)
Pre-packaged insolvency (a "pre-pack") is a kind of bankruptcy procedure, where a restructuring plan is agreed upon in advance of a company declaring its...
13 KB (1,841 words) - 20:10, 3 August 2024