5. The debtor filed for bankruptcy as they were unable to repay their debts. 由于无力偿还债务,债务人申请破产。 6. The court ordered the debtor to pay back the outstanding amount within 30 days. 法院命令债务人在30天内偿还未清偿的金额。 7. The company's accounts receivable shows the total ...
The article discusses the decision of a New York bankruptcy court to void the foreclosure sale of non-debtor property where the debtor filed for bankruptcy with no logical intent to reorganize. The case of first impression implies that lenders must be suspicious of the automatic stay in ...
A debtor, in the context of bankruptcy, is a person or entity that has filed a petition for relief under the Bankruptcy Code.债务人,在破产的背景下,是指根据破产法提交了救济申请的个人或实体。This means they are seeking legal protection and assistance in managing their debts and assets.这意味...
A person who has filed for bankruptcy is referred to as a debtor in all legal proceedings. Legal Terms Similar to Debtor Creditor: The opposite of a debtor, a creditor is a person or entity that loans money or extends credit to another party. Securities: financial instruments used to raise...
Debtor-in-possession (DIP) financing allows companies that have filed for bankruptcy protection underChapter 11to borrow capital to restructure and continue trading. DIP loans usually have priority over existing debt, equity, and other claims and are facilitated in the hope that the distressed company...
one who may be compelled to pay a claim or demand; anyone liable on a claim, whether due or to become due. InBankruptcylaw, a person who files a voluntary petition or person against whom an involuntary petition is filed. A person or municipality concerning which a bankruptcy case has been...
give a judgment creditor, or a bona fide purchaser for value of real estate, and deem the trustee to have all of those rights as of the moment before the bankruptcy was filed, even if no such creditor existed in the real world.
A debtor in possession (DIP) is a business or an individual that has filed forChapter 11bankruptcy protection but still holds property to which creditors have a legal claim under alienor othersecurity interest. A DIP may continue to do business using those assets. However, it is required to ...
S.D.N.Y. 2009).Here the Receiver made the decision to place the Debtor in bankruptcy in good faith to maximize the value of the Debtor and its property for the benefit of its estate and all parties in interest. However, when the taxpayer whose indebtedness is discharged in exchange for ...
aOK , noted it and thanks for your remind . 好着名它和感谢您提醒。[translate] afigure configuration 图配置[translate] aPending Bankruptcy Case Filed by any Spouse, Partner, or Affiliate of this Debtor (If more than one, attach additional sheet) 等待这个债家的任何配偶、伙伴或者会员归档的破产...