Glossary of Bankruptcy Terms

Bankruptcy has its own language.  Here are some definitions of terms commonly used in a bankruptcy case.

What is an Adversary Proceeding?

What are Assets?

What is an Assignment of Claim?

What is an Automatic Stay?

What is Avoidance?

What are Avoidance Powers?

What is the Bankruptcy Code?

What is the Bankruptcy Estate?

What is BAPCPA?

What is Chapter 7 Bankruptcy?

What is Chapter 11 Bankruptcy?

What is Chapter 12 Bankruptcy?

What is Chapter 13 Bankruptcy?

What is Charged Off?

What is Collateral?

What is Confirmation?

What is a Confirmed Plan?

What is Consumer Debt?

What is Contingent Debt?

What is Conversion?

What is a Creditor?

What is a Debtor?

What is a Debtor In Possession?

What is a Denial Of Discharge?

What is Dischargeable?

What is Dismissal?

What is a Domestic Support Obligation?

What is Exempt?

What are Exemptions?

What does Fiduciary mean?

What is the First Meeting Of Creditors?

Where can I find Free Bankruptcy Information?

What is a General Unsecured Claim?

What does Indemnify mean?

What is a Lien?

What does Liquidated mean?

What is a Notice of Claims Filed document?

What does Not Filed mean?