bankruptcy code The informal name for title 11 of the United States Code (11 U.S.C. sections 101 -1330), the federal bankruptcy law.
Bankruptcy Code, Rules and Official Forms. (annual). St. Paul, MN: West Publishing.
Epstein, David G., Nickles, Steve H., and White, James J. (1993). Bankruptcy. St. Paul, MN: West Publishing.
[Article by: ROY J. GIRASA] ...
"(The Bankruptcy Code of the United States, at ยง1129(b)) provides circumstances under which a reorganization plan can be confirmed over the objection of secured creditors - a process referred to as a cramdown because the secured claims are reduced ...
While the debtor is either working out a plan or the trustee is gathering the available assets to sell, the Bankruptcy Code provides that creditors must stop all collection efforts against the debtor.
This ideal is evident in Chapter 11 of the bankruptcy code, which permits courts to reorganize the assets of failing businesses instead of ordering complete liquidation of these assets.
Consumer bankruptcy -A proceeding under the Bankruptcy Code filed by an individual (or husband and wife) who is not in business.
Contempt of court -Willful disobedience of a judge's command or of an official court order.
Wage Earner's Plan - Also, Chapter 13. A chapter of a Bankruptcy Code which allows a debtor to file a wage earner's plan for payment of a percentage of his debts from future earnings.
Waiver - Intentionally give up a right.
Definition
: a hearing held pursuant to section 341 of the Bankruptcy Code at which a bankrupt debtor is required to submit to examination under oath by creditors who may also elect a trustee if one has not already been appointed ...
Business bankruptcy - A proceeding under the Bankruptcy Code filed by a business entity.
Bylaws - Rules or laws adopted by an association or corporation to govern its actions.
Lots of free legal forms ...
342 Notice A notice the court clerk is required to give debtors in a bankruptcy case, pursuant to Section 342 of the Bankruptcy Code, to inform them of their obligations and the consequences of not being completely honest in their bankruptcy case.
Debtor - One who owes a debt to another; a person filing for relief under the Bankruptcy Code.
Decision - The opinion of the court in concluding a case at law.
Exempt property - All the property of a debtor which is not attachable under the Bankruptcy Code or the state statute.
Voluntary Bankruptcy: A proceeding by which a debtor voluntarily asks for a discharge of his debts under the Bankruptcy Code.
U.S. BANKRUPTCY COURTS - Each federal district court has a bankruptcy unit that hears and decides petitions of individuals and businesses seeking relief from bankruptcy. Under the federal bankruptcy code, there are four categories of such cases: ...
states, the entire body of statutory law is referred to as a "code," such as the Ohio Revised Code. At the federal and state level in the United States, portions of the statutory law are also referred to as "code," such as the U.S. Bankruptcy Code.
 See also: Bankrupt, Bankruptcy, Code, State, Court
  
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