go+into+bankruptcy
51To put the great seal into commission — Commission Com*mis sion, n. [F., fr. L. commissio. See {Commit}.] 1. The act of committing, doing, or performing; the act of perpetrating. [1913 Webster] Every commission of sin introduces into the soul a certain degree of hardness. South. [1913… …
52To put the Treasury into commission — Commission Com*mis sion, n. [F., fr. L. commissio. See {Commit}.] 1. The act of committing, doing, or performing; the act of perpetrating. [1913 Webster] Every commission of sin introduces into the soul a certain degree of hardness. South. [1913… …
53Strategic bankruptcy — A Strategic bankruptcy may occur when an otherwise solvent company makes use of the bankruptcy laws for some specific business purpose. For example, in 2002 K Mart filed chapter 11 for protection from creditors; however one of the main problems… …
54Coming into force — or entry into force (also called commencement) refers to the process by which legislation, regulations, treaties and other legal instruments come to have legal force and effect. The term is closely related to the date of this transition. Contents …
55go into — phr verb Go into is used with these nouns as the subject: ↑effort, ↑thought Go into is used with these nouns as the object: ↑army, ↑bankruptcy, ↑bat, ↑battle, ↑business, ↑chart, ↑church, ↑circulation, ↑ …
56involuntary case — Creditors of a debtor may petition the court to force the debtor into a bankruptcy proceeding. This may also be referred to as a creditors petition. If the debtor has 12 or more creditors, the petition must be filed by three or more creditors… …
57receiving order — An Order made by the Court following the successful petition to have a person or company placed into bankruptcy. This is not a Receivership term (Ontario Bankruptcy Dictionary) (= bankruptcy order) (Dictionary of Canadian Bankruptcy Terms) An… …
58acceleration clause — Any clause in a contract which spells out that when certain actions are taken, the clause comes into effect. A common acceleration clause is the clause in a lease that says if a company goes into bankruptcy, three months rent is due as a… …
59plan — The terms and conditions under which the debtor will pay creditors claims (SA Bankruptcy.com) CHAPTER 11 PLAN The Chapter 11 plan must contain, among other things, a division of the claims into various classes, a description of the treatment of… …
60Chapter 13, Title 11, United States Code — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …
