fresh start

fresh start. Bankruptcy. The favorable financial status obtained by a debtor who receives a release from personal liability on prepetition debts or who reorganizes debt obligations through the confirmation and completion of a bankruptcy plan. [Cases: Bankruptcy 2363. 1.]

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词条贡献者

译员Jerry，知名法学院知识产权法，专注翻译各种与版权与商标诉讼有关的法律文件。