United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.
principal place of business — The criterion of the residence or nonresidence of a corporation. 36 Am J2d For Corp § 38. As a venue for the adjudication of a debtor in bankruptcy, the place where the debtor s personal business affairs are conducted, notwithstanding his… … Ballentine's law dictionary
lien stripping — USA Splitting a lender s claim into secured and unsecured segments and reducing the claim to the value of the debtor s residence. This lets the debtor benefit from an increase in the value of collateral after a bankruptcy case begins by modifying … Law dictionary
incidental property — Under Title 11 U.S.C. Section 101: (27B) The term incidental property means, with respect to a debtor s principal residence (A) property commonly conveyed with a principal residence in the area where the real property is located; (B) all… … Glossary of Bankruptcy
Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… … Wikipedia
conflict of laws — 1. dissimilarity or discrepancy between the laws of different legal orders, such as states or nations, with regard to the applicable legal rules and principles in a matter that each legal order wishes to regulate. 2. Also called private… … Universalium
Holyrood Palace — West front of the Palace with the shell of the abbey church visible on the far left next to the 16th century north west tower. The rest dates from the 17th century. The forecourt fountain on the far right is a Victorian addition. The Palace of… … Wikipedia
Tax levies — A Tax levy, under United States Federal law, is an administrative action by the Internal Revenue Service (IRS) under statutory authority, without going to court, to seize property to satisfy a tax liability. The levy includes the power of… … Wikipedia
Consumer bankruptcy in Canada — See also: Insolvency law of Canada Consumer bankruptcy in Canada is governed by the Bankruptcy and Insolvency Act ( BIA ). [1] The legislation is complemented by regulations, as well as directives from the Office of the Superintendent of… … Wikipedia
Bankruptcy Abuse Prevention and Consumer Protection Act (US) — Bankruptcy Abuse Prevention and Consumer Protection Act Full title An Act to amend title 11 of the United States Code, and for other purposes. Acronym BAPCPA Colloquial name(s) Bankruptcy Reform Enacted by the … Wikipedia
Chapter 7, Title 11, United States Code — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court … Wikipedia
