Legal definition of debtor in bankruptcy
Bankruptcy Law Legal Terminology

debtor in bankruptcy

Debtor in bankruptcy means a person who owes money to a creditor and who filed for bankruptcy because of inability to pay the debt, and subsequently such a debtor in bankruptcy is the subject of an order of relief under the US Bankruptcy Code.

Find a legal term by clicking on the first letter of a legal word or phrase:
Book of the Day in our Store
Share it on TwitterFacebook
Cases and Materials on Environmental Law (American Casebook Series)Cases and Materials on Environmental Law (American Casebook Series)
by Daniel Farber, Ann Carlson
  • Price: $225.00
from $99.95
Doremus, Lin and Rosenberg's Environmental Policy Law (University Casebook Series)Doremus, Lin and Rosenberg's Environmental Policy Law (University Casebook Series)
by Holly Doremus, Albert Lin, Ronald Rosenberg
  • Price: $225.00
from $154.98
Walter L Schefter Jr.Attorney at LawPRACTICE AREA: Family Law, Wills & Probate, Business Law, Trusts & Estate Planning, Litigation
Thomas E HarringtonAttorney at LawPRACTICE AREA: Tax Law, Business Law, Trusts & Estate Planning, Litigation
Bryan I EderAttorney at LawPRACTICE AREA: Personal Injury, Family Law, Bankruptcy Law, Business Law, Labor & Employment Law, Trusts & Estate Planning
Financial TimesGymboree, the US children's clothing retailer, filed for bankruptcy protection in the US over the weekend and won agreement from some of its lenders for a plan to slash its debts by $900m, underlining the weakness in the retail sector. The Bain ... more »
News ChiefTAMPA — A 60-year-old former attorney from Winter Haven has been sentenced to six months in federal prison followed by six months of home confinement for concealing assets from a bankruptcy estate. Josiah E. Hutton also was ordered to pay $93,255 in ... more »
Business InsiderSAN JUAN, Puerto Rico (AP) — Puerto Ricans are getting the chance Sunday to tell the U.S. Congress which political status they want for the U.S. territory that is mired in an economic crisis that has triggered an exodus of islanders to the mainland ... more »
It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content