Bankruptcy Code Definitions

 

 

See Also

 

Bankruptcy Protection

Chapter 7 Bankruptcy

Chapter 13 Bankruptcy

Bankruptcy Dictionary

Bankruptcy Lawyer

 

 

No Asset Case

 

A case without sufficient non-exempt, non-fully encumbered assets to potentially provide a distribution to unsecured creditors. A person or entity files for bankruptcy with practically no assets to distribute to creditors.

 

 

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