Act of Bankruptcy

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Act of Bankruptcy

An action by a debtor that can be a basis for creditors to file a bankruptcy petition against the debtor. Examples of such actions are concealing assets, defrauding creditors, favoring one creditor over another, or admitting in written a willingness to be adjudged bankrupt.

Act of Bankruptcy

An involuntary admission of bankruptcy by a debtor. In general, going into default and consistently missing payments may be considered acts of bankruptcy. Before 1978 in the United States, an act of bankruptcy involved the transfer of assets to another party with the intent to defraud creditors, but this is no longer the case. Upon committing an act of bankruptcy, creditors have the ability to petition to force the debtor into legal bankruptcy.

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No references found			They're going to hide behind this cowardly act of bankruptcy and try to make it sound like we're being greedy. San Diego seeks Chapter 11 by Cones, Bryan / U.S. Catholic The Bonds will be immediately accelerated if: 1) Santa Barbara Bank & Trust repudiates its LOC or fails to honor a draw thereon; 2) the LOC is not reinstated or an event of default under the Reimbursement Agreement occurs; 3) the occurrence of an act of bankruptcy with respect to Santa Barbara Bank & Trust and; 4) upon receipt by the trustee of a notice of an event of termination under the confirming agreement that leads to a termination of the CLOC. Fitch Rates CPCFA VRD Rev Bonds Ser 2000A `AAA/F1+' by Business Wire			Acquisition of Stock Acquisition Premium acquisition, development, and construction loan Acquisito Acquisti con margine Acquit Acquittance Acquittement acre acre-foot Acreage Report acreage zoning Acreedor Acreedor disidente Acreedor hipotecario Acreedor privilegiado Acreedor quirografario Acrobat Acronym Across the Board Across the Board Tariff Reduction Across-the-Board Across-the-Board Movement ACRS ACT Act of Bankruptcy Act of God Act of God Bond Act of State Doctrine Acta constitutiva Acta de fusion Acta de liquidacion Actif compromise Actifs devalues Actifs incorporels Acting in Concert Action Action Device Action Ex Contractu Action Program action to quiet title Actionnaire Actions Ex Delicto Activation Fee Active Active Account Active Bond Active Bond Crowd Active Box Active Buyer Active Corps of Executives			act in collusion act in combination act in concert act in concert act in earnest act in harmony act in opposition act in opposition to Act in pais Act in pais act in place of act in response to act in support ACT Information Manager act insincerely act interchangeably ACT Internet Reporting Option act involuntarily act jointly ACT Learning Manager act like oneself again Act Locally, Think Globally Act Now for Harmony and Democracy Act Now for Ocean Natives Act Now to Stop War & End Racism Act of Attainder Act of Attainder Act of Attainder Act of Bankruptcy act of bearing witness act of believing act of bribing act of bringing in act of coming together act of compassing act of comprehending Act of Congress Overruling Jackson's Specie Circular act of containing Act of Contrition Act of Contrition act of copying act of coupling act of crumbling act of despising act of dissembling act of driving out act of dwelling together act of dwindling act of embracing act of encircling Act of Enclosure act of encompassing act of engrossing

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