This page is intended to assist creditors, investors, and various interested parties understand basic bankruptcy terminology by providing definations to common bankruptcy terms used in practice. These definitions were obtained from a variety of sources and may not be the actual definition as defined in the U.S. Bankruptcy Code. The definitions for these terms may vary depending on the Court and/or jurisdiction. To view definitions, click on the term you would like defined.

Abandonment Creditors' Committee Preference
Administrative Claim Debtor Priority
Adversary Proceeding Defendant Priority Claim
Automatic Stay Disclosure Statement Proof of Claim
Avoidance Power Equity Property of the Estate
Bankruptcy Executory Contract or Lease Schedules
Bankruptcy Code Fraudulent Transfer Secured Creditor
Bankruptcy Court Insider Secured Debt
Bankruptcy Court Clerk Joint Administration Statement of Financial Affairs
Bankruptcy Estate Joint Petition Substantive Consolidation
Bankruptcy Judge Lien 341 Meeting
Bankruptcy Petition Liquidated Claim Trustee
Bankruptcy Trustee Liquidation Undersecured Claim
Chapter 7 Motion to Lift the Automotic Stay United States Trustee
Chapter 11 Party in Interest Unliquidated Claim
Claim Plaintiff Unscheduled Debt
Contingent Claims Plan Unsecured Claim
Creditor Post-petition Transfer

The information contained on this page relating to the bankruptcy terms is provided for informational purposes only. This page does not purport to include all bankruptcy terms related information relating to the Reed E. Slatkin bankruptcy case (the "Slatkin Bankrutpcy Case") which may affect your legal rights. The information on this page is subject to change without notice, and the accuracy of the information is not guaranteed. You are not justified in relying on any of the information provided on this page. You should immediately consult competent professionals (a) to determine your rights and obligations, (b) to identify hearings and deadlines that may affect your rights or obligations, (c) to independently verify all dates and deadlines that may affect your rights and obligations, and (d) to protect your rights against the Debtor and to preserve your rights in the Slatkin Bankruptcy Case.

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