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Implicit Bankruptcy Costs |
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Implicit Bankruptcy CostsOpportunity costs incurred prior to the bankruptcy process such as the loss of sales or financing.Implicit Bankruptcy Costs Similar MatchesLegal bankruptcyLegal bankruptcyA legal proceeding for liquidating or reorganizing a business. Bankruptcy cost viewBankruptcy cost viewThe argument that expected indirect and direct bankruptcy costs offset the other benefits from leverage so that the optimal amount of leverage is less than 100% leverage financing. Trustee In BankruptcyTrustee In BankruptcyOne appointed by a bankruptcy court, and in whom the property of the bankrupt vests. The trustee holds the property in trust, not for the bankrupt, but for the creditors. Bankruptcy chargeBankruptcy chargeThis is an investigation carried out by the Land Charges Registry to check if a purchaser is or has ever been bankrupt. Most mortgage lenders will insist on this search being carried out and it usually carries a small charge. Voluntary bankruptcyVoluntary bankruptcyThe legal proceeding that follows a petition of bankruptcy. Further SuggestionsPrepackaged bankruptcyBankruptcy risk Bankruptcy view Trustee in bankruptcy bankruptcy Bankruptcy |
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