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Bankruptcy - Legislation & jurisprudence
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Definition of 'Bankruptcy'

The state of legal insolvency with assets taken over by judicial process so that they may be distributed among creditors.

Common names: Bankruptcy; Bankruptcies; Financial Insolvency; Financial Insolvencies; Insolvencies, Financial; Insolvency, Financial

More technical Information...

Monday, November 23, 2009

Medical bankruptcy in the United States, 2007: results of a national study.

4 Jun 2009 BACKGROUND: Our 2001 study in 5 states found that medical problems contributed to at least 46.2% of all bankruptcies. Since then, health costs and the numbers of un- and underinsured have increased, and bankruptcy laws have tightened. METHODS: We ... Read more...


Discounting the debtors will not make medical bankruptcy disappear.

26 Feb 2006 David Dranove and Michael Millenson seem determined to deny that financial fallout from illness pushes middle-class families into bankruptcy. Anxious to erase the headline that three-quarters of U.S. medical bankrupts had health insurance at the ... Read more...


COBRA notice--bankruptcy--stay. Buchanan v. Golden Casting Corporation Hourly Health Benefit Plan.

30 Dec 2005 In an absence of special circumstances, the automatic stay that protects an employer from suit while its bankruptcy is pending does not apply to an action brought against its employee welfare benefit plan under ERISA because the plan, not the ... Read more...

 

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Technical information about 'Bankruptcy'

Definition: The state of legal insolvency with assets taken over by judicial process so that they may be distributed among creditors.

Descriptor UI: D016361

Alternative terms: Bankruptcy; Bankruptcies; Financial Insolvency; Financial Insolvencies; Insolvencies, Financial; Insolvency, Financial;

Allowable Qualifiers: classification; economics; history; legislation & jurisprudence; organization & administration; standards; trends; utilization; statistics & numerical data; ethics;

Tree Number: N03.219.463.045;

History Note: 91

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