Meeting of Creditors
MEETING OF CREDITORS
One of the first steps in federalbankruptcyproceedings whereby the creditors of a debtor meet in court to present their claims against him or her and a trustee is named to handle the application of the debtor's assets to pay his or her debts.
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she took Paul to meet her parents , meet1 / mēt/ • v. (past and past part. met / met/ ) [tr.] 1. come into the presence or company of (someone) by chance or arrangement: a week later I… Chapter House , chap·ter house • n. a building used for the meetings of the canons of a cathedral or other religious community. ∎ a place where a college fraternity… Camp Meetings , CAMP MEETINGS. Spontaneous outdoor religious meetings figured importantly in evangelical revivals in both England and America in the eighteenth centu… Social Sciences and the Law , debt / det/ • n. something that is owed or due: I paid off my debts | a way to reduce Third World debt. ∎ the state of owing money: heavily in debt.… Bankruptcy , Bankruptcy is the legal process by which individuals or businesses declare their inability to pay their bills and are excused from paying all or part… Subrogation , SUBROGATION
The substitution of one person in the place of another with reference to a lawful claim, demand, or right, so that he or she who is subst…
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Meeting of Creditors