Bankruptcy A – Z

This site is dedicated to educating the public on the ins and outs of bankruptcy terminology.  The menus to the side will link to lists of key terms.  These definitions are for informational purposes only and not intended in any way shape or form to be legal advice.  If you would like to retain an attorney, the authors highly encourage you to do so.  Depending on where you are in the country, we may even be able to point you to ones that we know and trust.

List of Terms to be Defined:
341 (Meeting of Creditors)
Aliases
Assets
Automatic Stay
Avoidable Transfers
Bankruptcy
Case Closing
Chapter 11
Chapter 12
Chapter 13
Chapter 13 Plan (Plan)
Chapter 7
Co-Debtor
Collateral
Confirmation Hearing
Credit Counseling
Creditor
Cross-Collateralization
Current Monthly Income (CMI)
Debt Consolidation
Debt Counseling
Debt Settlement
Debtor
Discharge
Dischargeability
Dismissal
Domestic Support Obligation
Equity
Executory Contracts
Exemption
Fair Credit Reporting Act (FCRA)
Fair Debt Collections Practices Act (FDCPA)
FCRA (Fair Credit Reporting Act)
FDCPA (Fair Debt Collections Practices Act)
Filing Fees
Financial Management Course
Fraudulent Conveyance
Gross Income
Heir Property
Homestead
Household Goods
Insiders
Intangible Property
Involuntary Bankruptcy
Judgment
Jurisdiction
Leases
Lien
Lien Avoidance
Life Estate
Means Test
Meeting of Creditors (341)
Net Income
Personal Property
Plan (Chapter 13 Plan)
Plan Payments
Preferences
Priority Creditor
Property
Real Property
Reverse Mortgage
Schedules
Secured Creditor
Setoff
Statement of Financial Affairs
Tangible Property
Unfair and Deceptives Practices (UDAP)
Unliquidated Claims
Unsecured Creditor
Venue
Voluntary Petition

 

This list is not at all exhaustive and will be frequently updated.  The more I learn about the Practice of Bankruptcy Law, the more I learn how much there is left to know.  People from all walks of life have different experiences and different terms for the same thing.  Many of these regional variations on common bankruptcy related terms are hard to discover for one person, so we ask for your help in this.  If you have a question or a word that you would like to see added, simply grab the contact widget on the right and drop us a line!