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Financial terms in "Bankruptcy Assistance"

1. non-business bankruptcy

2. substantial abuse

3. Bankruptcy Act of 1934

4. distressed

5. omnibus hearing

6. involuntary bankruptcy

7. unsecured claim

8. Rule 2004

9. petition

10. priority claims

11. examiner

12. unliquidated claim

13. Voluntary Bankruptcy

14. discovery procedures

15. proof of claim

16. pre-petition

17. fraudulent conveyance

18. liquidated claim

19. petition preparer

20. Bankruptcy Act of 1933

21. disclosure statement

22. Chapter 7 Trustee

23. adversary proceeding

24. NOL

25. going concern value

26. 341 meeting

27. wage-earner bankruptcy

28. bankruptcy judge

29. executory contract

30. vulture funds

31. Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005

32. dischargeable debt

33. Receiver

34. Confirmation

35. joint administration

36. Bankruptcy Code

37. bankruptcy mill

38. Retired Benefits Bankruptcy Protection Act

39. motion to lift automatic stay

40. personal bankruptcy

41. VCIS (Voice Case Information System)

42. equitable subordination

43. adequate protection

44. PACER (Public Access to Court Electronic Records)

45. exclusivity (period of)

46. Section 77B

47. unsecured creditor

48. Trustee

49. set-off

50. debtor in possession

51. Insolvency

52. Chapter 15

53. Bankruptcy

54. Section 77 (of 1933 Act)

55. 363 sale

56. joinder

57. ECF

58. administrative claim

59. period of exclusivity

60. impairment

61. business bankruptcy

62. avoidance power

63. insider (of corporate debtor)

64. post-petition

65. bar date

66. contingent claim

67. cramdown

68. gap period

69. Default

70. Chapter 33

71. Section 304

72. schedules

73. ballot date

74. bankruptcy court

75. arrangement

76. liquidation

77. Creditor

78. straight bankruptcy

79. substantive consolidation

80. interim order

81. tax loss carry-forward

82. Bankruptcy Act of 1898

83. failure

84. secured creditors

85. contested matter

86. allowed claim

87. first meeting of creditors (341 meeting)

88. workout

89. nondischargeable debt

90. Bankruptcy Rule 2004

91. Debtor

92. Equity

93. super-priority claim

94. plaintiff

95. Lien

96. Chapter 9

97. liquidation value

98. Bankruptcy Tax Act of 1980

99. discharge (of indebtedness)

100. complaint

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Featured term of the day

Definition / Meaning of


Categories: Finance,

When you're preapproved for a mortgage, the lender guarantees in advance the maximum you can borrow, provided your financial situation doesn't change before you find a home. You'll need to fill out a mortgage application with the lender to be preapproved, as well as provide verification of a regular source of income and authorize a credit check. Then the lender provides a letter confirming how much you'll be able to borrow. The preapproval process usually takes a week or two, but it may take only a few minutes if you apply for a mortgage online. Some, but not all, lenders charge a fee for preapproval.Preapproval is not a binding commitment for either the buyer or lender, but it can give you a competitive advantage. You know in advance how much you can afford, and sellers are confident your mortgage application won't be turned down. Plus, it can speed the process of closing the sale. If you're a first-time homebuyer or you're self-employed, it may be a good idea to consider getting preapproved.

Most popular terms

1. Audit Committee
2. Tracking Stock
3. Earnings Before Interest, Taxes, Depreciation And Amortization
4. Committee On Uniform Security Identification Procedures (CUSIP) Service Bureau
5. Loss Payable Clause
6. Sublimit
7. Prohibited Transactions
8. Netting
9. Flexible Spending Account
10. Special Crime Insurance

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