Minnesota Statutes > Chapter 181 > BANKRUPTCY
Current as of: 2023 | Check for updates
|
Other versions
| § 181.93 | Notice to Employees and Applicants of Bankruptcy |
Terms Used In Minnesota Statutes > Chapter 181 > BANKRUPTCY
- 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.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.