occurs after the filing of a petition (Glossary of Common Bankruptcy Terms)
United Glossary of Bankruptcy Terms 2012.
ADMINISTRATIVE EXPENSE (under Claim, Post-Petition)
FINANCING (under Credit, Post Petition)
Under Chapter 13, proceeds due to a creditor after debtor’s bankruptcy filing that can be subject to relief from automatic stay if not paid timely by debtor.
US Bankruptcy 2012.
Glossary of Bankruptcy.
Look at other dictionaries:
post-petition credit — The debtor in possession is allowed to incur unsecured debt in the ordinary course of business without prior court approval. Such debt will be considered a post petition claim, also referred to as an administrative expense claim. To have the new… … Glossary of Bankruptcy
post-petition financing — see credit, post petition (Bernstein s Dictionary of Bankruptcy Terminology) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
post-petition claim — A claim arising after the date of the filing of the petition, generally required to be the actual and necessary costs of preserving the estate. Usually includes claims incurred by a Chapter 11 debtor in possession to its trade creditors. May also … Glossary of Bankruptcy
credit, post-petition — The debtor in possession is allowed to incur unsecured debt in the ordinary course of business without prior court approval. Such debt will be considered a post petition claim, also referred to as an administrative expense claim. To have the new… … Glossary of Bankruptcy
financing, post-petition — see credit, post petition (Bernstein s Dictionary of Bankruptcy Terminology) United Glossary of Bankruptcy Terms 2012. financing, post petition see Credit, Post Petition … Glossary of Bankruptcy
petition — (or bankruptcy petition or petition for relief) the document that commences a bankruptcy proceeding (Glossary of Common Bankruptcy Terms) The document used to begin a bankruptcy case. See order for relief (Bernstein s Dictionary of Bankruptcy… … Glossary of Bankruptcy
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