Fremont Bankruptcy: The Language of Bankruptcy, the Letter N
At BK Answers we strive to provide you with the most current information regarding bankruptcy. Below are bankruptcy terms beginning with the letter "N":
No-Asset Case is when an individual or business files Chapter 7 bankruptcy, but has no assets that can be liquidated.
Non-Dischargeable Debt is debt that cannot be eliminated through bankruptcy. Such debts include student loans, alimony, child support, taxes, and other debts that are considered obligatory.
Noticing is to follow the rules of the Court that requires the directing of information to the parties involved or others who may be of interest to a certain action.
Review more bankruptcy terms by clicking back into our Fremont Topics Library...
No-Asset Case is when an individual or business files Chapter 7 bankruptcy, but has no assets that can be liquidated.
Non-Dischargeable Debt is debt that cannot be eliminated through bankruptcy. Such debts include student loans, alimony, child support, taxes, and other debts that are considered obligatory.
Noticing is to follow the rules of the Court that requires the directing of information to the parties involved or others who may be of interest to a certain action.
Review more bankruptcy terms by clicking back into our Fremont Topics Library...
