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  2. Chapter 11, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_11,_Title_11...

    Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]

  3. Bankruptcy discharge - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_discharge

    Bankruptcy discharge. A bankruptcy discharge is a court order that releases an individual or business from specific debts and obligations they owe to creditors. In other words, it's a legal process that eliminates the debtor's liability to pay certain types of debts they owe before filing the bankruptcy case. [1]

  4. United States Trustee Program - Wikipedia

    en.wikipedia.org/wiki/United_States_Trustee_Program

    t. e. The United States Trustee Program is a component of the United States Department of Justice that is responsible for overseeing the administration of bankruptcy cases and private trustees. [1] The applicable federal law is found at 28 U.S.C. § 586 and 11 U.S.C. § 101, et seq. In addition to the 21 United States Trustees, the program is ...

  5. Goodwill letters: How to get late payments removed from your ...

    www.aol.com/finance/goodwill-letters-payments...

    Goodwill letters can convince creditors to remove late payments from your credit report. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...

  6. Chapter 7, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_7,_Title_11...

    DIP. v. t. e. Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [ 1]

  7. United States bankruptcy court - Wikipedia

    en.wikipedia.org/wiki/United_States_bankruptcy_court

    United States bankruptcy courts are courts created under Article I of the United States Constitution. [ 1] The current system of bankruptcy courts was created by the United States Congress in 1978, effective April 1, 1984. [ 2] United States bankruptcy courts function as units of the district courts and have subject-matter jurisdiction over ...

  8. List of legal abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_legal_abbreviations

    Such citations and abbreviations are found in court decisions, statutes, regulations, journal articles, books, and other documents. Below is a basic list of very common abbreviations. Because publishers adopt different practices regarding how abbreviations are printed, one may find abbreviations with or without periods for each letter.

  9. Reaffirmation agreement - Wikipedia

    en.wikipedia.org/wiki/Reaffirmation_agreement

    Reaffirmation agreement. A reaffirmation agreement in United States bankruptcy law refers to an agreement made between a creditor and the debtor that waives discharge of a debt that would otherwise be discharged in the pending bankruptcy proceeding. A properly executed, timely filed reaffirmation agreement modifies the discharge such that it is ...

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