state bankruptcy

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• Danish state bankruptcy of 1813 — A state bankruptcy occurred in Denmark on 5 January 1813. The country had been waging the Gunboat War since 1807, something which eventually caused a financial crisis. The Danish state, heavily indebted, went bankrupt. This article about the… …   Wikipedia

• Bankruptcy Code — the name given to the statutory body of bankruptcy laws after the Bankruptcy Reform Act of 1978 (Glossary of Common Bankruptcy Terms) The common name given to title 11 of the United States Code. The Bankruptcy Code is a set of federal statutes… …   Glossary of Bankruptcy

• bankruptcy — also failure and insolvency a legal procedure for dealing with debt problems of individuals and business. A non technical term for a legal state of insolvency (Glossary of Common Bankruptcy Terms) A legal procedure for dealing with debt problems… …   Glossary of Bankruptcy

• State — (52) The term State includes the District of Columbia and Puerto Rico, except for the purpose of defining who may be a debtor under chapter 9 of this title. United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

• bankruptcy — bank·rupt·cy / baŋ ˌkrəp sē/ n pl cies 1: the quality or state of a bankrupt filed for bankruptcy 2: the administration of an insolvent debtor s property by the court for the benefit of the debtor s creditors the debt was discharged in bankruptcy …   Law dictionary

• 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

• Bankruptcy — State of being unable to pay debts. Thus, the ownership of the firm s assets is transferred from the stockholders to the bondholders. The New York Times Financial Glossary * * * bankruptcy bank‧rupt‧cy [ˈbæŋkrʌptsi] noun bankruptcies PLURALFORM… …   Financial and business terms

• bankruptcy court — n: a court that is a unit of a federal District Court and has original jurisdiction over bankruptcy cases ◇ Bankruptcy courts were created by Congress as part of the 1898 Bankruptcy Act. Article I, Section 8 of the U.S. Constitution gives… …   Law dictionary

• Bankruptcy Law — Bankruptcy proceedings are started by a bankruptcy petition, which may be presented to the court by (1) a creditor or creditors; (2) a person affected by a voluntary arrangement to pay debts set up by the debtor under the Insolvency Act (1986);… …   Big dictionary of business and management

• Bankruptcy — Bank rupt*cy, n.; pl. {Bankruptcies}. 1. The state of being actually or legally bankrupt. [1913 Webster] 2. The act or process of becoming a bankrupt. [1913 Webster] 3. Complete loss; followed by of. [1913 Webster] …   The Collaborative International Dictionary of English

• bankruptcy — [baŋkrupt΄sē, baŋkrəp sē] n. pl. bankruptcies 1. the state or an instance of being bankrupt 2. complete failure; ruin …   English World dictionary