(See Insolvency.) Insolvency.) Insolvency.)

or business entity that owes money. money. money.

The document that initiates a bankruptcy case. "Pre-petition" events are those that occur before a bankruptcy petition is filed, and "post petition" events are those that occur after the petition is filed.

In a bankruptcy case, the vehicle by which a debtor provides a method for paying off debts. The plan divides creditors' claims into classes and describes how the classes are to be treated.

Under the Balance Sheet definition of insolvent in the U.S. Bankruptcy Code, a debtor is insolvent when the value of a debtor's assets is exceeded by the debtor's liabilities.

A medium of exchange; coined or stamped currency.

A process set forth by the Bankruptcy Code that allows a debtor to operate the business as a 'debtor in possession" with the protection of the "automatic stay."

The privilege of buying goods, services or borrowing money in return for a promise of future payment.

Under the Balance Sheet definition of insolvent in the U.S. Bankruptcy Code, a debtor is insolvent when the value of a debtor's assets is exceeded by the debtor's liabilities.

A medium of exchange; coined or stamped currency.

A financial statement listing the assets, liabilities and owner's equity of a business entity as of a specific date.