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Simple English definitions for legal terms

bankruptcy crime

Read a random definition: Comity Clause

A quick definition of bankruptcy crime:

Bankruptcy crime is when someone commits a crime while dealing with a bankruptcy case. This can include things like stealing money from the person who owes money or hiding important documents. It is against the law and can result in serious consequences.

A more thorough explanation:

Bankruptcy crime refers to a criminal act committed in connection with a bankruptcy case. This can include a trustee embezzling from the debtor's estate or any other fraudulent act performed knowingly and fraudulently in a bankruptcy case. It is a serious offense and is punishable by law.

For example, if a trustee in a bankruptcy case steals money from the debtor's estate, it would be considered bankruptcy crime. Another example would be if someone conceals assets or destroys, withholds, or falsifies documents in an effort to defeat bankruptcy-code provisions.

These examples illustrate how bankruptcy crime involves fraudulent acts that are committed in connection with a bankruptcy case. Such acts are illegal and can result in severe consequences for the offender.

Bankruptcy Code | bankruptcy judge

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CheeseIsMyLoveLanguage
16:05
I guess there's always that route! 😂
[] c0bra1
16:14
damn my wake forest withdrawal didnt help the wl ppl 💀
MrThickRopes
16:15
what they gon collect frum me
MrThickRopes
16:15
nothin
Fuck fo pm
MrThickRopes
16:24
thas right
BlueFalcon95
16:25
Das right
hey, just so u all know - i just farted
i luv u all and will be seeing u all shortly
17:02
I floated marquettes deadline hopefully someone on the WL is thankful
18:10
safety
18:56
Ughhhhhhhhhh
Lets gooo my school was gunning median this last cycle 🤣
21:37
movie recs?
starfishies
21:45
rankings out woo
eggan
22:06
NYU solos columbia any day
Washu, TX, Vandy all move up and did well at 14
I am shocked that NW drops to 10 and NYU moves up to 8
[] c0bra1
23:07
holy cow unc is 18 time to beg to get off the waitlist
[] c0bra1
23:08
"rankings don't matter" i chant as i reorder my preference list
23:22
are the rankings on US News&World Report accurate?
YM-Honor-Student
23:24
No those are incorrect
YM-Honor-Student
23:24
Kansas is t14 and Cornell is rank 50
YM-Honor-Student
23:25
@DrDresSays: I recommend Cinema Paradiso. Makes me cry everytime.
YM-Honor-Student
23:26
The rankings literally did not change in my opinion. Smh. Going by like job outcomes and constitutional law, stayed the same.
23:28
@YM-Honor-Student: thank you!
YM-Honor-Student
23:29
You are welcome!
YM-Honor-Student
23:33
UFlorida should be higher for winning march madness lol.
Napo
1:43
Oof ASU dropped hard
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