Full Newsletter   Newsletter Archives

Home Our Mission Testimonials Contact who we are Change Categories Personal Information Saved Articles Calculators Refer Colleague Unsubscribe To Email Comments & Feedback Help On Email  Glossary:  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z  bankruptcy     A proceeding in a federal court in which an insolvent debtor's assets are liquidated and the debtor is relieved of further liability. Chapter 7 of the Bankruptcy Reform Act deals with liquidation, while Chapter 11 deals with reorganization. This Glossary is provided by www.InvestorWords.com Copyright © 1997-2005 by WebFinance Inc. All Rights Reserved. Personal Information Unsubscribe to Email Your Privacy Disclaimer of Liability © 2008,Powered by BizActions Patent Pending