prepetition
prepetition
That period which arises prior to the petition date (SA-Bankruptcy.com)

occurring before the filing of a bankruptcy petition (Glossary of Common Bankruptcy Terms)

Claims or events arising before the commencement of the bankruptcy case, that is, before the filing of the bankruptcy petition. Generally only pre petition debts may be discharged in a bankruptcy proceeding. (Bankruptcy in Brief)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • prepetition — USA claims or events occurring before the filing of a bankruptcy petition. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • prepetition — n., v.t. * * * …   Universalium

  • prepetition — adjective Of a claim, event, or condition existing prior to a bankruptcy petition. Ant: post petition, postpetition …   Wiktionary

  • prepetition — n., v.t …   Useful english dictionary

  • Prepetition Liability — A term that refers to liabilities that arise prior to a company filing of bankruptcy. A company has to petition for bankruptcy protection; once this is done, liabilities fall into two categories: prepetition, or those that arise prior to petition …   Investment dictionary

  • bootstrapping — USA cross collateralization, Also known as bootstrapping. A practice used in DIP financing arrangements in which a debtor grants its existing prepetition lender a security interest in assets acquired after the bankruptcy filing (such as… …   Law dictionary

  • cross-collateralization — USA cross collateralization, Also known as bootstrapping. A practice used in DIP financing arrangements in which a debtor grants its existing prepetition lender a security interest in assets acquired after the bankruptcy filing (such as… …   Law dictionary

  • roll-up — USA roll up, Also known as roll over. A provision in a DIP financing order which permits the debtor to apply the proceeds of the DIP financing to satisfy, in whole or in part, secured or unsecured prepetition indebtedness, with the effect of… …   Law dictionary

  • roll-over — USA roll up, Also known as roll over. A provision in a DIP financing order which permits the debtor to apply the proceeds of the DIP financing to satisfy, in whole or in part, secured or unsecured prepetition indebtedness, with the effect of… …   Law dictionary

  • Marrama v. Citizens Bank of Massachusetts — Supreme Court of the United States Argued November 6, 2006 …   Wikipedia

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