Difference between revisions of "No-asset case"
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(New page: A '''no-asset case''' is a Chapter 7 case in which there are no assets available to satisfy any portion of the creditors' unsecured claims. category:legal terms) |
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| − | A '''no-asset case''' is a [[Chapter 7]] case in which there are no [[assets]] available to satisfy any portion of the [[creditor]]s' [[unsecured claim]]s. [[ | + | A '''no-asset case''' is a [[Chapter 7]] case in which there are no [[assets]] available to satisfy any portion of the [[creditor]]s' [[unsecured claim]]s. [[Category:Legal Terms]] |
Latest revision as of 20:59, April 23, 2008
A no-asset case is a Chapter 7 case in which there are no assets available to satisfy any portion of the creditors' unsecured claims.