the termination of a bankruptcy proceeding. The bankruptcy court can dismiss a case if it deems that the debtor or three creditors should not have filed or that a plan can never be formulated (Glossary of Common Bankruptcy Terms)An order terminating the case prior to its normal end.Where a debtor in possession fails to cooperate with the court, the court may dismiss the case and terminate the proceedings leaving creditors free to resume collection efforts.also see dismissal with prejudice; dismissal without prejudice (Bernstein's Dictionary of Bankruptcy Terminology)Also see conversion. (Common Bankruptcy Terms)The termination of a bankruptcy case prior to the issuance of a discharge. Dismissals may either be voluntary or involuntary. If a bankruptcy case is dismissed, all things revert to their status as of the time immediately preceding the filing of the bankruptcy petition (SA-Bankruptcy.com)The termination of the case without either the entry of a discharge or a denial of discharge; after a case is dismissed, the debtor and the creditors have the same rights as they had before the bankruptcy case was commenced. Dismissal is the penalty for many essentially minor infractions of bankruptcy procedures under the 2005 amendments. (Bankruptcy in Brief)
United Glossary of Bankruptcy Terms 2012.
An order terminating the case prior to its normal end.
Where a debtor in possession fails to cooperate with the court, the court may dismiss the case and terminate the proceedings leaving creditors free to resume collection efforts.
US Bankruptcy 2012.
Glossary of Bankruptcy.
Look at other dictionaries:
dismissal — dis·mis·sal n 1: removal from a position or service 2 a: the termination of an action or claim usu. before the presentation of evidence by the defendant in·vol·un·tary dismissal 1: the dismissal of an action by the court because of the plaintiff… … Law dictionary
dismissal — dis‧miss‧al [dɪsˈmɪsl] noun [countable, uncountable] HUMAN RESOURCES when someone is removed from their job by their employer: • The 11 employees would face disciplinary action, ranging from reprimand to suspension or dismissal. • There will not … Financial and business terms
Dismissal — or dismissed may refer to: Dismissal In litigation, a dismissal is the result of a successful motion to dismiss. See motion (legal) Termination of employment, the end of an employee s duration with an employer Dismissal (employment), termination… … Wikipedia
Dismissal — Dis*miss al, n. Dismission; discharge. [1913 Webster] Officeholders were commanded faithfully to enforce it, upon pain of immediate dismissal. Motley. [1913 Webster] … The Collaborative International Dictionary of English
dismissal — 1806, formed on model of refusal, etc., from DISMISS (Cf. dismiss) + AL (Cf. al) (2); replacing earlier dismission (1540s) … Etymology dictionary
dismissal — [n] release adjournment, banishment, bounce, brush off, cold shoulder*, congé, deportation, deposal, deposition, discharge, dislodgment, displacement, dispossession, dissolution, door*, end, eviction, exile, exorcism, expatriation, expulsion,… … New thesaurus
dismissal — [dismish′əndis mis′əl] n. 1. a dismissing or being dismissed 2. an order for the dismissing of someone: Also Archaic dismission [dismish′ən] … English World dictionary
dismissal — noun 1 from a job ADJECTIVE ▪ automatic, immediate, instant (esp. BrE), summary ▪ His attack on the manager led to his instant dismissal. ▪ constructive (BrE), unfair … Collocations dictionary
dismissal — An order or judgment finally disposing of an action, suit, motion, etc., without trial of the issues involved. Such may be either voluntary or involuntary. Fed.R. Civil P. 41. A release or discharge from employment. @ involuntary dismissal Under… … Black's law dictionary
dismissal */*/ — UK [dɪsˈmɪs(ə)l] / US noun Word forms dismissal : singular dismissal plural dismissals 1) [countable/uncountable] an act of making someone leave their job The investigation led to five dismissals. unfair dismissal: She is bringing a case of… … English dictionary