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Today's Terms
Petition
Definition:
The document that commences a bankruptcy proceeding. plan of reorganization - the document setting forth how a bankrupt company plans to satisfy its creditors.
Chapter Thirty Three
Definition:
An unofficial term describing a company that has filed for Chapter 11 three times.
Bankruptcy Court
Definition:
The federal tribunal where cases under the Bankruptcy Code are litigated.
More Bankruptcy Terms >
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