BANKRUPTCY SALE
bankruptcy sale: translation
- bankruptcy sale
-
A free and clear sale of debtor's real estate or personal property conducted by the bankruptcy court through the trustee in order to obtain proceeds for distribution to creditors of the bankruptcy estate. (Bernstein's Dictionary of Bankruptcy Terminology)
United Glossary of Bankruptcy Terms2012.
- bankruptcy sale
-
A free and clear sale of debtor's real estate or personal property conducted by the bankruptcy court through the trustee in order to obtain proceeds for distribution to creditors of the bankruptcy estate.
US Bankruptcy2012.