Attorney in Texas Kelly Gordon Rogers

Arrangement - may refer to a variety of formal or informal agreements
concerning the conditions under which a bankrupt company may operate;
often, it refers to an extension of time in which debt can be paid off.
This was the term used under the old Chapter XI.
Skeleton filing - term used in bankruptcy courts to describe a
bankruptcy filing in which not all the necessary forms have been filed.
Certain courts allow a case to commence if only certain important forms
are filed so long as the balance of required forms are forthcoming
within a certain period of time. Kelly Gordon Rogers Attorney

Substantive consolidation - the combination of the estate of one debtor
with the estate of one or more other debtors and the application of the
combined estate to satisfy their combined liabilities. Substantive
consolidation is often considered in the case of parent/subsidiary
debtors and other affiliated entities.
Priority claims - administrative expenses and salaries, wages, employee
benefits, customer deposits and taxes which occurred pre-petition. Kelly G. Rogers Dallas Texas

Kelly Rogers Lawyer

Nondischargeable debt - a debt that cannot be eliminated in bankruptcy.
Instruction - Direction given by a judge regarding the applicable law in a given case. Kelly G. Rogers Frisco
Creditor - a person to whom or business to which the debtor owes money or that claims to be owed money by the debtor.

Kelly Rogers

Record on appeal - The portion of the record of a court of limited
jurisdiction necessary to allow a superior court to review the case.