Farmer-debtor Relief (bankruptcy): Hearings Before a Subcommittee of the Committee on the Judiciary, United States Senate, Eighty-second Congress, First and Second Sessions on S. 25 |
Common terms and phrases
adjournment thereof adjudication administration agricultural allowed amendatory Act amended American Bankers Association amount appointed approval Bankruptcy Act bankruptcy be proceeded bankruptcy proceeding Chairman chapter committee confirmation contracts costs and expenses COVEY debtor debtor in possession debtor's property deed determination directing that bankruptcy DOWNIE effect encumbered enter an order expense fund extension proposal farm credit Farm Loan Association Federal land banks fees FERGUSON filed under section fixed Frazier-Lemke Act hearing indebtedness interest rate ISLEIB judge jurisdiction legislation lenders lienholders liens McDONALD meeting of creditors moratorium mortgage National Farmers Union National Grange notice by mail paid pending petition filed prior provided in section pursuant referee rental Representative PHILLIPS retained RIGGLE ruptcy salary fund SANDERS section 40 secured Senator KEFAUVER Senator MAGNUSON SMITTCAMP statement substitute suggestions tion trustee unexempt property United unsecured claims unsecured creditors unsecured debts WARREN G
Popular passages
Page 3 - For the purposes of such application, provisions relating to 'bankrupts' shall be deemed to relate also to 'debtors'; 'bankruptcy proceedings' or 'proceedings in bankruptcy...
Page 13 - ... either adjudging the debtor a bankrupt and directing that bankruptcy be proceeded with pursuant to the provisions of this Act or dismissing the proceeding under this chapter, whichever in the opinion of the court may be in the interest of the creditors...
Page 26 - ... shall be deemed to be reduced to the amounts respectively provided for them in the arrangement or in the order confirming the arrangement, less any payment made thereunder; and "(3) the provisions of chapters I to VII, inclusive, of this Act, shall, insofar as they are not inconsistent or in conflict with the provisions...
Page 11 - The judge shall confirm a composition if satisfied that (1) it is for the best interests of the creditors; (2) the bankrupt has not been guilty of any of the acts or failed to perform any of the duties which would be a bar to...
Page 13 - Act, the court may, after hearing upon notice to the debtor, the creditors' committee, if any has been appointed, and to such other persons as the court may direct, either adjudge the debtor a bankrupt and direct that bankruptcy be proceeded with pursuant to the provisions of this Act or...
Page 3 - The provisions of chapters I to VII, inclusive, of this Act shall, insofar as they are not inconsistent or in conflict with the provisions of this chapter, apply in proceedings under this chapter...
Page 18 - That neither the referee, receiver, marshal, nor trustee shall in any form or guise receive, nor shall the court allow him, any other or further compensation for his services than that expressly authorized and prescribed in this act.
Page 4 - Upon the approval of a petition, the judge may, in addition to the jurisdiction, powers, and duties hereinabove and elsewhere in this chapter conferred and imposed upon him and the court...
Page 4 - Where not inconsistent with the provisions of this chapter, the court in which a petition is filed shall, for the purposes of this chapter, have exclusive jurisdiction of the debtor and its property, wherever located.
Page 16 - An Act to establish a uniform system of bankruptcy throughout the United States', approved July 1, 1898, shall continue in full force and effect with respect to proceedings pending under those sections upon the effective date of this amendatory Act, except that...