- avoidance of bankruptcy
- n.Abwendung des Konkurses f.
English-german dictionary. 2013.
avoidance of bankruptcy
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avoidance — The Bankruptcy Code permits the debtor to eliminate (avoid) some kinds of liens that interfere with (or impair) an exemption claimed in the bankruptcy. Most judgment liens that have attached to the debtor s home can be avoided if the total of the … Glossary of Bankruptcy
avoidance powers — Rights given to the bankruptcy trustee or the debtor in possession to recover certain transfers of property such as preferences or fraudulent transfers or to void liens created before the commencement of a bankruptcy case (SA Bankruptcy.com)… … Glossary of Bankruptcy
avoidance of lien — Liens may, in some circumstances, be released or avoided by the court. Generally, liens may be avoided that are (1) preferential, (2) unsupported by value after prior liens, or (3) interfering with an individual debtor s exemptions. also see… … Glossary of Bankruptcy
avoidance power — the power of the court to invalidate certain obligations or transactions undertaken by a debtor prior to filing bankruptcy. It is generally intended to reverse transfers of property that favor one creditor over another (Glossary of Common… … Glossary of Bankruptcy
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
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avoidance power — USA Also known as avoiding power, avoidance, avoiding or avoid. The rights belonging to a debtor or Chapter 11 trustee in bankruptcy to void liens created before bankruptcy or to reverse certain transfers of property (such as preferences and… … Law dictionary
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
Constitutional avoidance — In United States constitutional law, the doctrine of constitutional avoidance dictates that a federal court should refuse to rule on a constitutional issue if the case can be resolved on a nonconstitutional basis. When a federal court is faced… … Wikipedia
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