Terms Used In New Hampshire Revised Statutes 339:68

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
The provisions of this subdivision, except N.H. Rev. Stat. § 339:66 and 339:67, shall not apply to persons who sell or offer for sale goods of the kinds herein mentioned which are owned by them and have been in good faith used by them in their own houses or hotels, or to administrators, executors, guardians or trustees in bankruptcy.