Voluntary bankruptcy


 

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Voluntary bankruptcy

The legal proceeding that follows a petition of bankruptcy.



Voluntary bankruptcy

Similar Matches

Prepackaged bankruptcy

Prepackaged bankruptcy

A bankruptcy in which a debtor and its creditors pre-negotiate a plan of reorganization and then file it along with the bankruptcy petition.


Bankruptcy view

Bankruptcy view

The argument that expected bankruptcy costs preclude firms from financing entirely with debt.


Legal bankruptcy

Legal bankruptcy

A legal proceeding for liquidating or reorganizing a business.


Implicit Bankruptcy Costs

Implicit Bankruptcy Costs

Opportunity costs incurred prior to the bankruptcy process such as the loss of sales or financing.


Trustee In Bankruptcy

Trustee In Bankruptcy

One 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.


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