Bankruptcy Epidemic Vocab

Front

the state of being completely lacking in a particular quality or value

Back

bankruptcy

Front

the process of turning into cash

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liquidation

Front

the action or process of changing the way in which something is organized

Back

reorganization

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Individual or Business Liquidation Bankruptcy

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Chapter 7 Bankruptcy

Front

Business Reorganization Bankruptcy
Options: Chapter 11 Bankruptcy, Chapter 11

Back

Chapter 11 Bankruptcy, Chapter 11

Front

Individual or Business Liquidation Bankruptcy
Options: Chapter 7 Bankruptcy, Chapter 7

Back

Chapter 7 Bankruptcy, Chapter 7

Front

Individual Reorganization Bankruptcy
Options: Chapter 13 Bankruptcy, Chapter 13

Back

Chapter 13 Bankruptcy, Chapter 13

Front

something you can touch

Back

tangible

Front

the authority to act for another person in specified or all legal or financial matters

Back

Power of Attorney

Front

an agreement made by a couple before they marry concerning the ownership of their respective assets should the marriage fail

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prenuptial agreement