Personal Bankruptcy Legal Terms and Legal Words. Bankruptcy Law Terminology

nondischargeable debt
A debt that cannot be eliminated in bankruptcy. Examples include a home mortgage, debts for alimony or child support, certain taxes, debts for most government funded or guaranteed educational loans or benefit overpayments, debts arising from death or personal injury caused by driving while intoxicated or under the influence of drugs, and debts for … Full Definition »
Law topic: Personal Bankruptcy << Legal issue: Bankruptcy Law
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bankruptcy proceedings
A claim in bankruptcy is document filed with the Court so as to register a claim against the assets of the bankruptcy estate. The claim sets out the amount that is owed to the creditor as of the date of the bankruptcy filing and, if relevant, any priority status. Bankruptcy laws help people who can no longer pay their creditors get a fresh start by … Full Definition »
William G MeyerAttorney at LawPRACTICE AREA: Real Estate Law, Computer & Internet Related Crimes, Environmental Law, Industrial Development Law
Donald E Strickland Jr.Attorney at LawPRACTICE AREA: Real Estate Law, Industrial Development Law
Danton S WongAttorney at LawPRACTICE AREA: Real Estate Law, Industrial Development Law
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