petition of creditors

См. также в других словарях:

• petition in bankruptcy — A document filed in a specialized federal court to commence a proceeding to provide a means by which a debtor who is unwilling or financially unable to pay personal debts will satisfy the claims of his or her creditors as they come due.… …   Law dictionary

• Petition mill — A petition mill is a fraud in which the perpetrator poses as a financial advisor, sometimes as a credit counselor or paralegal, filing hastily prepared bankruptcy documents in the name of victims who come to the advisor as clients. The bankruptcy …   Wikipedia

• petition — 01. We signed a [petition] asking the government to outlaw the hunting of grizzly bears until an accurate count of their numbers has been made. 02. My uncle in Idaho would like to [petition] my grandmother in Mexico to come to the U.S. 03. A… …   Grammatical examples in English

• petition in bankruptcy — a written application by a debtor for the benefit of the Bankruptcy Act or by creditors to have a debtor adjudicated a bankrupt …   Useful english dictionary

• meeting of creditors — The debtor must appear at a meeting with the trustee to be examined under oath about assets and liabilities. Creditors are invited but seldom attend. The meeting is sometimes called the 341 meeting, after the section of the Bankruptcy Code that… …   Glossary of Bankruptcy

• creditor's petition — Petition filed against a debtor by one or more creditors. also see involuntary case (Bernstein s Dictionary of Bankruptcy Terminology) United Glossary of Bankruptcy Terms 2012. creditor s petition …   Glossary of Bankruptcy

• meeting of Creditors — See Section 341(a) Meeting (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012. meeting of creditors Also known as the section 341 meeting or first meeting of creditors. This is an opportunity for the trustee and the creditors to… …   Glossary of Bankruptcy

• involuntary petition — USA A bankruptcy petition filed by creditors, usually to force a debtor to enter a liquidation proceeding under Chapter 7. The debtor can contest the petition and can choose to convert it into a case under Chapter 11. When a debtor contests an… …   Law dictionary

• winding-up petition — The process by which a company dies. Under Part IV of the Insolvency Act 1986, there are three separate procedures a members voluntary winding up where a company is solvent, a creditors voluntary winding up for insolvent companies and a… …   Law dictionary

• post-petition claim — A claim arising after the date of the filing of the petition, generally required to be the actual and necessary costs of preserving the estate. Usually includes claims incurred by a Chapter 11 debtor in possession to its trade creditors. May also …   Glossary of Bankruptcy

• Marc Stuart Dreier — Marc Dreier Born Marc Stuart Dreier May 12, 1950 (1950 05 12) (age 61) South Shore, New York, US …   Wikipedia