→ Bankruptcy Law Dictionary (Duhaime. Org) → Rozpocznij Naukę / Ściągnij Fiszki MP3

Pytanie		Odpowiedź
Absolute Priority Rule rozpocznij naukę		The highest rank amongst creditors; he who gets paid in full before any other creditor.
Annulment rozpocznij naukę		To make void forever; to cancel an event or judicial proceeding both retroactively and for the future so that in the eyes of the law, it never occurred.
Automatic Stay rozpocznij naukę		In bankruptcy law; a stay of collection and other similar debt enforcement proceedings against a bankrupt.
Bank rozpocznij naukę		A corporation empowered to deal with cash, domestic and foreign, and to receive the deposits of money and to loan those monies to third-parties.
Bankrupt rozpocznij naukę		A person who has legally declared bankruptcy.
Bankruptcy rozpocznij naukę		The formal condition of an insolvent person being declared bankrupt under law.
Bankruptcy Trustee rozpocznij naukę		An officer generally appointed by the court, who takes over the assets of a bankrupt to the benefit of creditors.
Co-debtor rozpocznij naukę		One of two or more debtors who are primarily liable to the same debt.
Co-debtor Stay rozpocznij naukę		A stay upon the debt enforcement or collection upon a co-debtor.
Consumer Debt rozpocznij naukę		Debt incurred by an individual primarily for a personal, family, or household purpose.
Consumer Debtor rozpocznij naukę		A term of bankruptcy law designating debtors who have debts under a prescribed amount.
Consumer Proposal rozpocznij naukę		A summary form of bankruptcy for qualified individuals.
Cramdown rozpocznij naukę		In a bankruptcy proceeding, forcing a secured creditor to lose his collateral and instead to take a specified cash payment.
Creditor rozpocznij naukę		A person to whom money, goods or services are owed by the debtor.
Debt rozpocznij naukę		An amount of money due and payable, from one person to another.
Debtor rozpocznij naukę		A person who owes money, goods or services to another, the latter being referred to as the creditor.
Foreclosure rozpocznij naukę		The sale of real property secured by a mortgage, in order to satisfy an outstanding loan.
Insolvent rozpocznij naukę		A person not able to pay his or her debts as they become due.
Liquidation rozpocznij naukę		The converting of the the assets of a person into cash.
Personal Living Expenses rozpocznij naukę		Expenses reasonably necessary to maintain health and well-being, to enjoy life's activities, and the capacity to earn money.
Personal Use rozpocznij naukę		Non-business use.
Stay rozpocznij naukę		To stop; to suspend; also known as a stay of proceedings; when a law suit is suspended either indefinitely or until the occurrence of a condition imposed by the court.
Substantial Abuse rozpocznij naukę		A term of American bankruptcy law which precludes a debtor from availing him or herself of bankruptcy protection.
Tax rozpocznij naukę		A payment to a public authority, required by statute, for a public purpose.

Bankruptcy Law Dictionary (Duhaime. org)

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