arrangement with creditors

arrangement with creditors. Bankruptcy. A debtor’s agreement with creditors for the settlement, satisfaction, or extension of time for payment of debts. See BANKRUPTCY PLAN. [Cases: Bankruptcy 3661.100–3661.115.]

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词条贡献者

双语律师Jason，国内知名法学院国际贸易专业，擅长翻译各类与出口管制、经济制裁及海关相关的法律文件。