Bankruptcy Debt Glossary: Robert J. Warren, P.A.

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Bankruptcy Debt Glossary

Automatic Stay – an injunction that will stop lawsuits, wage garnishments, foreclosures, and collections activity against the person / debtor, once they have filed the bankruptcy petition.

Adversary Proceeding - Litigation within a bankruptcy proceeding instituted by the filing of a complaint.

Post-petition - Any activity or event occurring after the filing of a petition.

Preference - A payment by a debtor made during a specified period (90 days or one year) prior to the filing that favors one creditor over others.

Straight Bankruptcy - An informal term for a Chapter 7 bankruptcy or liquidation; used more commonly to describe liquidation before the bankruptcy

Bankruptcy terms can be complicated. Let me help with filing bankruptcy.

Small Claims - Also sometimes called convenience claims - under a plan of reorganization or liquidation, claims that are small (e.g. in the hundreds or thousands of dollars range) and numerous are often grouped into a single class and settled for cash for administrative convenience.

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	Nationwide & Florida Bankruptcy News
	Florida Businessman Sentenced For Bankruptcy Fraud As conditions of supervised release, LeNeve was also ordered, among other things, to cooperate fully with the Internal Revenue Service, and, upon request of the Pensacola Man Convicted of Bankruptcy Fraud Evidence at trial proved that the McPhersons devised a scheme to defraud the Bankruptcy Court. McPherson’s wife, Jeanette McPherson, filed a voluntary bankruptcy petition More News >>


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Robert J. Warren, P.A. 703 N. Main St., Suite C Gainesville, FL 32601 Map of Directions

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Email: gvillelaw@aol.com

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Site Map | Resource Center | Bankruptcy Blog | Serving the following North FL. Counties: Alachua, Gilchrist, Levy, Dixie, Columbia, Bradford, Union, Putnam, and Marion and the Cities of Gainesville, Ocala, Lake City, Starke, Cedar Key, Palatka, High Springs, and Keystone Heights We are a debt relief agency.

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult a Florida Bankruptcy Lawyer for individual advice regarding your debt situation.