Oregon Statutes > Chapter 548 > Composition; Bankruptcy; Refunding Agreements
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Oregon Statutes > Chapter 548 > Composition; Bankruptcy; Refunding Agreements
- 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.
- Contract: A legal written agreement that becomes binding when signed.
- United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100