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chapter 7

British  

noun

  1. the statute regarding liquidation proceedings that empowers a court to appoint a trustee to operate a failing business to prevent further loss

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of chapter 7

C20: from chapter 7 of the Bankruptcy Reform Act (1978)

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He and his law firm, Girardi Keese, are being investigated by a bankruptcy trustee after filing for chapter 7 bankruptcy last year.

From Fox News • Jul. 7, 2021

If you are filing chapter 7, then there is a chance that your judgment could be discharged.

From Encyclopedia.com • Jun. 26, 2018

Sorry Gibson, keep the same awful quality control and you’ll be on the path of chapter 7.

From New York Times • Mar. 30, 2018

For a breakdown of how these time intervals are chosen and organized, see chapter 7.

From Textbooks • Jan. 1, 2017

The judicial review of the decision shall be had, in accordance with chapter 7 of title 5, on the basis of the record before the Tribunal.

From Copyright Law of the United States of America: contained in Title 17 of the United States Code. by United States

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