Definition of Closed Bankruptcy

Submit Your Tip

Definition of Closed Bankruptcy – This is a place for the community to provide tips and advice on Definition of Closed Bankruptcy. This topic was created by candybenne 96 and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Definition of Closed Bankruptcy

Published: 9 years, 4 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, 4 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, 4 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, 4 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.
Tags: business bankruptcy,personal bankruptcy,personal debt,sole proprietorship,chapter 13,dictionary,glossary,education,investment,tutorials,investing,invest,investor,stocks,quotes,analysis,beginner,finance,financial,market,news,401k,ira,personal,definitions,terms,mutual funds,ipo,options,nasdaq,trader,trading

For further reading: http://www.investopedia.com/terms/c/chapter13.asp ^[4]