Legal Glossary (P)

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Party In Interest: In a bankruptcy case, the term party in interest may be used to refer to any party that is...
perjury in bankruptcy: Perjury is lying under oath. Perjury in bankruptcy typically happens when the debtor tries...
Petition Preparer: A petition preparer is a business that prepares bankruptcy petitions for debtors. A petiti...
Postpetition Transfer: A postpetition transfer is a debtor's transfer of property that is made after a bankruptcy...
pre-bankruptcy planning: Pre-bankruptcy planning is an important step if you're considering bankruptcy. Meeting wit...
Prebankruptcy Planning: An experienced attorney or legal consultant can be valuable in assisting a debtor with pr...
Preferential Debt Payment: A preferential debt payment is a payment of a debt that is made to a creditor in the ninet...
Priority Claim: In a bankruptcy case, a priority claim is an unsecured claim that has priority, meaning th...
Proof Of Claim: A proof of claim is a document which is filed with the United States bankruptcy court by a...
Property Liens: Property liens are interests held in property that secures a debt, such as a mortgage. A m...
Property Of The Estate : In a bankruptcy case, the term property of the estate refers to all legal and equitable in...

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