Petition In Bankruptcy at Law Glossary
What is it? An official document filed in a Federal court to have a debtor declared bankrupt.Legal Definition Added By: Jenna
The Petition In Bankruptcy definition has been viewed 1289 Time(s)!
Send To Friends!
If you'd like to send the Petition In Bankruptcy definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Petition In Bankruptcy. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Law Terms:
Legal Term Insanity Defense Reform Act (IDRA) is Part of the 1984 Crime Control and Prevention Act, the IRDA mandated a comprehensive overhaul of the insanity defense as it operated in the federal courts, making insanity an affirmative defense to be proved by the defendant by clear and convincing evidence, and creating a special verdict of not guilty by reason of insanity.Legal Term Nonprofit Corporation is A business organization that serves some public purpose, and therefore enjoys special treatment under the law. Nonprofits corporations, contrary to their name, can make a profit, but cannot be designed primarily for profit-making. Distributions upon liquidation typically must be made to another nonprofit.
Legal Term Ad Litem is A Latin term meaning for the purposes of the lawsuit. For example, a guardian ad litem is a person appointed by the court to protect the interests of a minor or legally incompetent person in a lawsuit.
Legal Term Defendant is Person sued; person standing trial or appearing for sentence
Legal Term PARENS PATRIAE is Latin for parent of his country. Used when the government acts on behalf of a child or mentally ill person. Refers to the state as the guardian of minors and incompetent people.