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Bankruptcy Terms  
INFORMATIVE 

Tags: bankruptcy, Chapter 7, Chapter 1, Chapter 3, Chapter 5, Chapter 12, Chapter 11, Chapter 13

Need to know what all those terms mean in bankruptcy or want to learn? Then read on

	Title 11: The Federal Code Section
	Bankruptcy Code: See Title 11
	Bankruptcy Estate: all of your debts and assets bundled together. Will be separately taxable under Chapter 7
	Dismissal: You or the judge have decided that the bankruptcy case shouldn't proceed any further.
	Discharge: your unpaid debt is forgiven.
	Bankruptcy petition: the paperwork you file with the court in order to start a bankruptcy case
	Automatic Stay: a temporary injunction on your creditors or collection agencies so they cannot attempt to collect on the debt you owe them while you're in bankruptcy
	Trustee: Court appointed official who helps you with your bankruptcy case

Lister: ListAfterList Wiki Contributors
Source: OVLG

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