Debtor in possession

 

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Debtor in possession

A firm that continues to operate under the Chapter 11 bankruptcy process.



Debtor in possession

Similar Matches

Repossession

Repossession

Usually occurs after a borrower seriously defaults on payments. The lender then legally evicts the borrower and usually auctions the property to recover losses. 


Possession

Possession

When a buyer signs the papers and receives the keys to the house, they officially take possession.


Debtor in possession financing

Debtor in possession financing

New debt obtained by a firm during the Chapter 11 bankruptcy process, Federal Bankruptcy Rule 4001 (c)(1). This financing is unique because it is secured, that is, it has priority over existing debt, equity and other claims.


Adverse possession

Adverse possession

The acquisition of title to property through possession without the owner's consent for a certain period of time.


Interest in possession

Interest in possession

The legal right to receive income from, or occupy, trust property.


Further Suggestions

Unity Of Possession
personal possessions
Notorious Possession
Possessions corporation


 
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