Definition of Closed Bankruptcy

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Tip 1 - Definition of Closed Bankruptcy

Published: 9 years, 1 month(s) ago | Submitted by Jessica Huffman | permalink

Although most debtors view the discharge as the end of a bankruptcy case, a case isn't legally complete until it closes. Eventually, all bankruptcies end up closed, whether they are dismissed or ...

For further reading: http://budgeting.thenest.com/definition-closed-bankruptcy-23429.html ^[1]

Tip 2 - What Does Bankruptcy Closed Mean? | eHow

Published: 9 years, 1 month(s) ago | Submitted by allam amin | permalink

The ultimate goal of any bankruptcy case is the discharge of debts. In a Chapter 7 case, the majority of a debtor's debts are discharged after a liquidation of any non-exempt property. In a Chapter 13 and Chapter 11 case, a discharge of the majority of debts is granted after payment of a certain amount of money to creditors over a period of time....

For further reading: http://www.ehow.com/info_8118675_bankruptcy-closed-mean.html ^[2]

Tip 3 - Bankruptcy+discharge

Published: 9 years, 1 month(s) ago | Submitted by ateev chadda | permalink

Definition of Bankruptcy+discharge in the Legal Dictionary by The Free Dictionary

For further reading: http://legal-dictionary.thefreedictionary.com/Bankruptcy%2Bdischarge ^[3]

Tip 4 - Chapter 13 Definition | Investopedia

Published: 9 years, 1 month(s) ago | Submitted by thedonjohn | permalink

A U.S. bankruptcy proceeding in which the debtor undertakes a reorganization of his or her finances under the supervision and approval of the courts. As part of the reorganization, the debtor must submit and follow through with a plan to repay outstanding creditors within three to five years.
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For further reading: http://www.investopedia.com/terms/c/chapter13.asp ^[4]