Insolvent+debtor

  • 1 insolvent debtor — index delinquent Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary

  • 2 Insolvent — In*sol vent, a. [Pref. in not + solvent: cf. OF. insolvent.] (Law) (a) Not solvent; not having sufficient estate to pay one s debts; unable to pay one s debts as they fall due, in the ordinary course of trade and business; as, in insolvent debtor …

    The Collaborative International Dictionary of English

  • 3 Insolvent law — Insolvent In*sol vent, a. [Pref. in not + solvent: cf. OF. insolvent.] (Law) (a) Not solvent; not having sufficient estate to pay one s debts; unable to pay one s debts as they fall due, in the ordinary course of trade and business; as, in… …

    The Collaborative International Dictionary of English

  • 4 Insolvent — In*sol vent, n. (Law) One who is insolvent; as insolvent debtor; in England, before 1861, especially applied to persons not traders. Bouvier. [1913 Webster] …

    The Collaborative International Dictionary of English

  • 5 Debtor — Debt or, n. [OE. dettur, dettour, OF. detor, detur, detour, F. d[ e]biteur, fr. L. debitor, fr. debere to owe. See {Debt}.] One who owes a debt; one who is indebted; correlative to creditor. [1913 Webster] [I ll] bring your latter hazard back… …

    The Collaborative International Dictionary of English

  • 6 insolvent — Synonyms and related words: bankrupt, broke, broken, busted, destitute, down and out, failed, failure, fortuneless, homeless, impoverished, in Queer Street, in receivership, in the gutter, in the red, indebted, insolvent debtor, lame duck,… …

    Moby Thesaurus

  • 7 insolvent — adj. & n. adj. 1 unable to pay one s debts. 2 relating to insolvency (insolvent laws). n. a debtor. Derivatives: insolvency n …

    Useful english dictionary

  • 8 administratively insolvent — USA administrative insolvency, Also known as administratively insolvent. The inability of a debtor in bankruptcy to pay its administrative expenses, such as attorneys fees and other professional fees. Administrative claims must be paid in full as …

    Law dictionary

  • 9 consumer debtor — A natural person who is bankrupt or insolvent and whose aggregate debts, excluding any debts secured by the person s principle residence, do not exceed $75,000 or such other maximum as is prescribed. (Dictionary of Canadian Bankruptcy Terms)… …

    Glossary of Bankruptcy

  • 10 Act of insolvency — Insolvent In*sol vent, a. [Pref. in not + solvent: cf. OF. insolvent.] (Law) (a) Not solvent; not having sufficient estate to pay one s debts; unable to pay one s debts as they fall due, in the ordinary course of trade and business; as, in… …

    The Collaborative International Dictionary of English

  • 11 bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …

    Universalium

  • 12 Commercial insolvency in Canada — A closed restaurant in Gananoque, Ontario Commercial insolvency in Canada has options and procedures that are distinct from those available in consumer insolvency proceedings. It is governed by the following statutes: The Bankruptcy and… …

    Wikipedia

  • 13 Consumer bankruptcy in Canada — See also: Insolvency law of Canada Consumer bankruptcy in Canada is governed by the Bankruptcy and Insolvency Act ( BIA ). [1] The legislation is complemented by regulations, as well as directives from the Office of the Superintendent of… …

    Wikipedia

  • 14 bankruptcy proceedings — General term for the various types of proceedings under the Bankruptcy Code (11 U.S.C.A.) that are initiated either by an insolvent individual or business (termed a voluntary bankruptcy) or by creditors (termed an involuntary bankruptcy) seeking… …

    Black's law dictionary

  • 15 bankruptcy proceedings — General term for the various types of proceedings under the Bankruptcy Code (11 U.S.C.A.) that are initiated either by an insolvent individual or business (termed a voluntary bankruptcy) or by creditors (termed an involuntary bankruptcy) seeking… …

    Black's law dictionary

  • 16 preference — pref·er·ence / pre frəns, fə rəns/ n 1: the right to prior payment of a debt with preference over the creditors of the heirs or legatees Louisiana Civil Code 2: the transfer of an insolvent debtor s interest in property to a creditor for an… …

    Law dictionary

  • 17 bankruptcy — bank·rupt·cy / baŋ ˌkrəp sē/ n pl cies 1: the quality or state of a bankrupt filed for bankruptcy 2: the administration of an insolvent debtor s property by the court for the benefit of the debtor s creditors the debt was discharged in bankruptcy …

    Law dictionary

  • 18 Marshalsea — The prison occupied two locations, the first c. 1329–1811, and the second 1811–1842. The image above is of the first Marshalsea in the 18th century …

    Wikipedia

  • 19 Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… …

    Wikipedia

  • 20 Moral Aspect of Bankruptcy —     Moral Aspect of Bankruptcy     † Catholic Encyclopedia ► Moral Aspect of Bankruptcy     (See also CIVIL ASPECT OF BANKRUPTCY.)     Bankruptcy must be considered not only from the legal but also from the moral point of view; for sound morality …

    Catholic encyclopedia


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