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Legal Glossary (A)
Abandonment: In a bankruptcy case, abandonment is the process by which a bankruptcy court releases prop...
Absolute Priority Rule: In a business related bankruptcy filing, the absolute priority rule gives precedence to cr...
Adequate Protection: Adequate protection is a method within the United States Bankruptcy Code which protects a ...
Administrative Expense Claim: A debtor in possession in a bankruptcy case is permitted to incur unsecured debt in the co...
Adversary Proceeding: An Adversary Proceeding is a formal bankruptcy lawsuit. Adversary Proceedings are initiate...
alternative to bankruptcy: In light of the profound effects of going to court, many look for an alternative to bankru...
Appeal: In a bankruptcy case, an appeal may be defined as a request to the United States District ...
Approved Credit Counseling Course: In the overwhelming majority of bankruptcy cases, a debtor must attend an individual or gr...
Assisted Person: In a bankruptcy case, an assisted person is defined as a person who holds mainly consumer ...
Attachment : The term attachment, in relation to bankruptcy proceedings, is defined as the seizure or r...
Automatic Stay: An automatic stay is an injunction which stops creditors from collecting any debts from a ...
Avoidance Of Lien : Lien avoidance, or avoidance of lien, refers to a section in the United States Bankruptcy ...
Avoidance Powers: Avoidance powers are special rights given to a bankruptcy trustee, or to the debtor in the...