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voluntary bankrupt

См. также в других словарях:

  • bankrupt — bank·rupt 1 / baŋ ˌkrəpt/ n: a debtor (as an individual or organization) whose property is subject to administration under the bankruptcy laws for the benefit of the debtor s creditors was adjudicated a bankrupt see also debtor bankrupt 2 adj:… …   Law dictionary

  • voluntary arrangement — UK US noun [C] FINANCE, LAW ► in the UK, an agreement between a person or company that owes money and is in financial difficulty and their creditors. This allows them to avoid being made officially bankrupt: »One way of reducing repayments is to… …   Financial and business terms

  • voluntary bankruptcy — The legal proceeding that follows a petition of bankruptcy. Bloomberg Financial Dictionary * * * voluntary bankruptcy voluntary bankruptcy ➔ bankruptcy * * * voluntary bankruptcy UK US noun [C or U] FINANCE, LAW ► a situation in which a business… …   Financial and business terms

  • bankrupt — The state or condition of a person (individual, partnership, corporation, municipality) who is unable to pay its debts as they are, or become, due. The condition of one whose circumstances are such that he is entitled to take the benefit of the… …   Black's law dictionary

  • bankrupt — The state or condition of a person (individual, partnership, corporation, municipality) who is unable to pay its debts as they are, or become, due. The condition of one whose circumstances are such that he is entitled to take the benefit of the… …   Black's law dictionary

  • voluntary petition — A petition in bankruptcy wherein petitioner asks that he be adjudicated a bankrupt. 9 Am J2d Bankr § 207 …   Ballentine's law dictionary

  • voluntary bankruptcy — noun : a bankruptcy declared upon petition of the bankrupt …   Useful english dictionary

  • Individual Voluntary Arrangement — In the UK, Individual Voluntary Arrangements (IVAs) are a formal alternative for individuals wishing to avoid bankruptcy. The IVA was established by the Insolvency Act 1986 and constitutes a formal repayment proposal presented to a debtor s… …   Wikipedia

  • Fast Track Voluntary Arrangement — A Fast Track Voluntary Arrangement (FTVA), in the United Kingdom, is a binding agreement with a debtors creditors to pay all or part of the money owed to them. A debtor can only enter into it after they have been made bankrupt. In an FTVA the… …   Wikipedia

  • Simplified Individual Voluntary Arrangement — In the United Kingdom, a Simplified IVA (SIVA) is a proposed new form of IVA (Individual Voluntary Arrangement), which will be a formal alternative of clearing debt without being declared bankrupt. The new regime is likely to have two tiers:… …   Wikipedia

  • Civil Aspect of Bankruptcy —     Civil Aspect of Bankruptcy     † Catholic Encyclopedia ► Civil Aspect of Bankruptcy     (See also MORAL ASPECT OF BANKRUPTCY.)     Bankruptcy (La banqueroute; earlier English terms, bankruptship, bankrupture) in civil jurisprudence as well as …   Catholic encyclopedia

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