Bankruptcy Glossary
Bankruptcy Law Terms -G-
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #
Gap period: The time between the filing of an involuntary petition and adjudication that the debtor is a "bankrupt."
Garnishment: A creditor's seizure of property of the debtor in the possession of a third party (for example a wage garnishment).
Good faith: Debtors who have filed their cases or plans in an honest way showing they are trying to solve their debt problems without unfair manipulation of the system or fraud against a creditor.
