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Legal bankruptcy |
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Legal bankruptcyA legal proceeding for liquidating or reorganizing a business.Legal bankruptcy Similar MatchesBankruptcyBankruptcyProceedings under federal bankruptcy statutes to relieve a debtor (bankrupt) from insurmountable debt. The bankrupt's property is distributed by the court to the creditors as full satisfactions of the debts, in accordance with certain priorities and exemptions. Voluntary bankruptcy is petitioned by the debtor for, involuntary by the creditors. Trustee in bankruptcyTrustee in bankruptcyAn appointed trustee who supervises and administers the affairs of a bankrupt company or individual. Bankruptcy riskBankruptcy riskThe risk that a firm will be unable to meet its debt obligations. Also referred to as default or insolvency risk. Prepackaged bankruptcyPrepackaged bankruptcyA bankruptcy in which a debtor and its creditors pre-negotiate a plan of reorganization and then file it along with the bankruptcy petition. 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. Further SuggestionsVoluntary bankruptcyTrustee In Bankruptcy bankruptcy Implicit Bankruptcy Costs Bankruptcy view Bankruptcy charge |
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