Voluntary Bankruptcy

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Dictionary Says

Definition of 'Voluntary Bankruptcy'

A type of bankruptcy where an insolvent debtor brings the petition to a court to declare bankruptcy because he or she (in the case of an individual) or it (in the case of a business entity) is unable to pay off debts. The bankruptcy is intended to create an orderly and equitable settlement of the debtor’s obligations.
Investopedia Says

Investopedia explains 'Voluntary Bankruptcy'

Voluntary bankruptcy is a bankruptcy proceeding initiated by a debtor who knows that they will not be able to satisfy the debt requirements of creditors. Voluntary bankruptcy is typically commenced when and if a debtor finds no other solution to the financial situation. Voluntary bankruptcy differs from involuntary bankruptcy which occurs when one or more creditors petitions a court to judge the debtor as insolvent (unable to pay).
Search results for

'Voluntary Bankruptcy'

  • CFA Level 1 Study Guide - Fixed Income Investments - Bondholder's ...

    http://www.investopedia.com/exam-guide/cfa-level-1/fixed-income-investments/bondholders-rights.asp
    ... 11.24 Sales and Leverage; 11.25 Effects of Debt on the Capital Structure; 11.26
    Tax and Bankruptcy Costs; 11.27 The MM Capital Structure vs. ...

  • Spotting Companies In Financial Distress

    http://www.investopedia.com/articles/financial-theory/10/spotting-companies-in-financial-distress.asp
    ... Following every bad debt or loss due to a bankruptcy, investors, suppliers, customers
    and employees invariably ask themselves, "Could we have seen it coming? ...

  • Can You Dispute A Foreclosure? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1010/Can-You-Dispute-A-Foreclosure.aspx
    ... Deed in Lieu of Foreclosure - This is a voluntary transfer of title to your lender ...
    Bankruptcy Filing for bankruptcy may help you keep your home for at least a ...

  • Scholastic Gets A Good Grade On A Curve

    http://stocks.investopedia.com/stock-analysis/2011/Scholastic-Gets-A-Good-Grade-On-A-Curve-SCHL-JW-A-MHP-PSO-TRI0927.aspx
    ... by cutting $15 million in expenses in traditional areas, as well as by a voluntary
    retirement program ... But beyond the Borders bankruptcy, books are being sold. ...

  • Automotive Buyouts: Kissing Skilled Workers Goodbye

    http://stocks.investopedia.com/stock-analysis/2009/Automotive-Buyouts-Kissing-Skilled-Workers-Goodbye-GMGMQ-F-TM-NSANY-HMC0624.aspx
    ... the blow for employees, there is a major disadvantage to offering voluntary buyout
    packages ... for the company to reestablish itself once it emerges from bankruptcy ...

  • Credit And Debt Management: Credit Counseling | Investopedia

    http://www.investopedia.com/university/credit-debt-management/management7.asp
    ... in the previous section on debt collectors, credit counseling is required for debtors
    seeking chapter 13 bankruptcy protections ... This type of plan is voluntary. ...

  • Credit Default Swaps: What Happens In A Credit Event?

    http://www.investopedia.com/articles/bonds/09/what-happens-to-single-name-cds.asp
    ... but would have only received their recovery value after the bankruptcy process
    concluded ... Under current contracts, the auction process is voluntary or an "opt-in ...

  • Why Wages Stick When The Economy Shifts

    http://www.investopedia.com/articles/economics/09/wage-stickiness.asp
    ... The drawback to this is that it implies that unemployment is voluntary, which it ...
    In addition, the threat of a bankruptcy filing by a company can make labor ...

  • CFA Level 1 Study Guide - Ethics and Standards - Standard III-D ...

    http://www.investopedia.com/exam-guide/cfa-level-1/ethics-standards/standard-performance-presentation.asp
    ... 11.24 Sales and Leverage; 11.25 Effects of Debt on the Capital Structure; 11.26
    Tax and Bankruptcy Costs; 11.27 The MM Capital Structure vs. ...

  • The Pension Bill: A Wolf In Sheep's Clothing

    http://www.investopedia.com/articles/retirement/06/pensionbill2006.asp
    ... plans are notorious, and the number of companies declaring bankruptcy and passing
    their ... employers to enroll workers automatically in so-called "voluntary" 401(k ...

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