Kelly G. Rogers ~ Legal Definitions Willful act - An intentional act carried out without justifiable cause.
Kelly Gordon Rogers Dallas : Class - each of the different categories of claims against a debtor.
Hypothetical question - A combination of facts and circumstances, assumed or proved, stated in such a form as to constitute a coherent state of facts upon which the opinion of an expert can be asked by way of evidence in a trial.
Kelly Rogers: Schedules - list submitted by the debtor along with the petition (or shortly thereafter) showing the debtor’s assets, liabilities, and other financial information.
Chapter 13 - bankruptcy proceedings for an individual with the intention of rescheduling the individual's debt (rather than liquidating the individual's assets and debt; an individual files under Chapter 7 to liquidate), Chapter 13 is referred to as wage-earner bankruptcy, personal bankruptcy or consumer bankruptcy, Chapter 13 cannot be used by a partnership or a corporation; it can be used by a sole proprietorship. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years.
Default - A failure of a party to respond in a timely manner to a pleading; a failure to appear for trial.(
Kelly Rogers Dallas Texas : Saturday 20 September 2008 article)
First meeting of creditors (341 meeting) - a mandatory meeting between creditors and the debtor. It is usually held within a month of the filing of bankruptcy but often occurs later when the debtor has filed its schedules of financial information.
Chapter 9 - bankruptcies of municipalities; only a few of these are filed each year.
Matrix - a mailing list of creditors of the debtor. Done as part of the forms filled out for a Chapter 11 case. (Wednesday 03 September 2008 article by
Kelly Rogers Texas)
Witness - Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.
Caption- The caption of a pleading, or other papers connected with a case in court, is the heading or introductory clause which shows the names of the parties, name of the court, number of the case, etc.
Kelly G. Rogers Collin County: Transcript - The official record or proceedings in a trial or hearing, which is kept by the clerk. (
Kelly G. Rogers Dallas online article)
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