Bankruptcy Glossary

Bankruptcy Law Terms -I-

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 #

Insolvent: When the total debt of an entity is greater than all of its property.

Intellectual property: Intellectual Property, or IP, is the group of legal rights to things people create or invent. Intellectual property rights typically include patent, copyright, trademark and trade secret rights.

Involuntary bankruptcy: A chapter 7 or chapter 11 case initiated by a debtor's creditors rather than by the debtor.