- assignment in bankruptcy
- See bankruptcy; trustee in bankruptcy.
Ballentine's law dictionary. Anderson, W.S.. 1998.
assignment in bankruptcy
Look at other dictionaries:
assignment into bankruptcy — The act of a person who places himself or his company into bankruptcy pursuant to the Bankruptcy and Insolvency Act. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
assignment of book accounts — The assigning by a company or business to a lender, usually a bank, the interest that the person or company has in accounts receivables. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
Bankruptcy in Canada — The procedures and legal consequences of consumer bankruptcy in Canada are governed by Canadian federal legislation.OverviewConsumer bankruptcy is a legislative procedure under Bankruptcy and Insolvency Act ( the BIA ) *(1) complemented by… … Wikipedia
date of the initial bankruptcy event — In respect of a person, it means the earliest of the date of filing or making: an assignment into bankruptcy; a proposal; a Notice of Intention to Make a Proposal; the first petition for a Receiving Order. (Dictionary of Canadian Bankruptcy… … Glossary of Bankruptcy
assignment for benefit of creditors — A voluntary transfer of a debtor s property into a trust to be used to pay creditors. The trustee collects any income owed the debtor, liquidates the debtor s property that has been transferred to the trust, and uses the money to pay the debtor s … Law dictionary
Assignment (law) — Contract law Part … Wikipedia
assignment for benefit of creditors — A general assignment for benefit of creditors is transfer of all or substantially all of debtor s property to another person in trust to collect any money owing to debtor, to sell property, to distribute the proceeds to his creditors and to… … Black's law dictionary
assignment for benefit of creditors — A general assignment for benefit of creditors is transfer of all or substantially all of debtor s property to another person in trust to collect any money owing to debtor, to sell property, to distribute the proceeds to his creditors and to… … Black's law dictionary
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
Bankruptcy and Insolvency Act — The Canadian Bankruptcy and Insolvency Act is An Act Respecting Bankruptcy and Insolvency that sets out the law on bankruptcy in Canada, and applies to both businesses and individuals. The legislation includes the duties and powers of the Office… … Wikipedia
