arrangement proceedings

arrangement proceedings
arrangement proceedings LAW Vergleichsverfahren n

Englisch-Deutsch Fachwörterbuch der Wirtschaft . 2013.

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  • arrangement with creditors — A plan of a debtor for the settlement, satisfaction, or extension of the time of payment of his debts. Chapter 11 of the federal Bankruptcy Code provides for a device whereby, under the protection and supervision of the court, a financially… …   Black's law dictionary

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  • debt pooling — Arrangement by which debtor adjusts many debts by distributing his assets among several creditors, who may or may not agree to take less than is owed; or, an arrangement by which debtor agrees to pay in regular installments a sum of money to one… …   Black's law dictionary

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