Debtor Relief Laws definition: Copy, customize, and use instantly
Introduction
The term "Debtor Relief Laws" refers to legal provisions designed to protect individuals and businesses struggling with debt by offering restructuring, discharge, or temporary relief. These laws are essential for preventing financial distress, ensuring fair treatment of debtors and creditors, and maintaining economic stability.
Below are various examples of how "Debtor Relief Laws" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Debtor Relief Laws" in a bankruptcy proceeding
This definition ties "Debtor Relief Laws" to bankruptcy and insolvency protections.
"Debtor Relief Laws" means all applicable laws, rules, and regulations relating to bankruptcy, insolvency, reorganization, moratorium, receivership, assignment for the benefit of creditors, or other similar debtor relief mechanisms, including the U.S. Bankruptcy Code and any comparable laws in other jurisdictions.
Definition of "Debtor Relief Laws" in a loan agreement
This definition connects "Debtor Relief Laws" to lender protections and borrower obligations.
"Debtor Relief Laws" refers to all laws and regulations that impact the rights of creditors and the obligations of debtors in insolvency, including laws governing fraudulent transfers, preferential payments, and automatic stays.
Definition of "Debtor Relief Laws" in a secured financing agreement
This definition links "Debtor Relief Laws" to secured creditors’ rights.
"Debtor Relief Laws" means any law that affects the enforceability of liens, security interests, and other creditor remedies in the event of a debtor’s insolvency or bankruptcy, including foreclosure and asset seizure protections.
Definition of "Debtor Relief Laws" in a corporate restructuring agreement
This definition applies "Debtor Relief Laws" to corporate debt restructuring.
"Debtor Relief Laws" refers to any statutory or common law provisions that allow financially distressed entities to restructure, reorganize, or discharge their debts, including voluntary and involuntary proceedings under applicable insolvency statutes.
Definition of "Debtor Relief Laws" in a debt collection contract
This definition ties "Debtor Relief Laws" to restrictions on creditor actions.
"Debtor Relief Laws" means all laws that impose restrictions or conditions on debt collection, creditor enforcement actions, and foreclosure proceedings, including fair debt collection practices and anti-harassment statutes.
Definition of "Debtor Relief Laws" in an international finance agreement
This definition connects "Debtor Relief Laws" to cross-border insolvency.
"Debtor Relief Laws" includes all laws that govern debtor protections and insolvency proceedings in any relevant jurisdiction, including treaties and international insolvency regulations affecting multinational borrowers.
Definition of "Debtor Relief Laws" in a promissory note
This definition links "Debtor Relief Laws" to borrower rights in promissory obligations.
"Debtor Relief Laws" means all legal provisions that provide debtors with the right to delay, modify, or discharge their repayment obligations, including statutory grace periods and mandatory mediation procedures.
Definition of "Debtor Relief Laws" in an intercreditor agreement
This definition applies "Debtor Relief Laws" to creditor hierarchy in insolvency.
"Debtor Relief Laws" means any laws that determine priority, subordination, or impairment of creditor claims in bankruptcy or insolvency proceedings.
Definition of "Debtor Relief Laws" in an asset purchase agreement
This definition ties "Debtor Relief Laws" to restrictions on distressed asset sales.
"Debtor Relief Laws" includes laws that affect the ability of a debtor to transfer assets before or during insolvency proceedings, including fraudulent conveyance and preference laws.
Definition of "Debtor Relief Laws" in an employment contract
This definition connects "Debtor Relief Laws" to wage and benefit protections.
"Debtor Relief Laws" means laws that govern employee rights in the event of employer insolvency, including wage priority and pension protection statutes.
Definition of "Debtor Relief Laws" in a commercial lease agreement
This definition links "Debtor Relief Laws" to tenant insolvency protections.
"Debtor Relief Laws" refers to statutes that regulate landlord remedies and tenant rights when a commercial lessee is undergoing bankruptcy or insolvency proceedings.
Definition of "Debtor Relief Laws" in a surety bond agreement
This definition applies "Debtor Relief Laws" to guarantor liabilities.
"Debtor Relief Laws" means any legal framework that impacts the obligations of guarantors and sureties in the event of debtor insolvency, including automatic stay provisions.
Definition of "Debtor Relief Laws" in a municipal bond agreement
This definition ties "Debtor Relief Laws" to government entity insolvency.
"Debtor Relief Laws" includes legal provisions that govern debt restructuring and insolvency of municipalities, counties, and other public entities, including Chapter 9 of the U.S. Bankruptcy Code.
Definition of "Debtor Relief Laws" in an equipment leasing contract
This definition connects "Debtor Relief Laws" to leased asset recovery.
"Debtor Relief Laws" means all applicable laws that govern the rights of lessors and lessees in insolvency, including automatic stay provisions and asset repossession rights.
Definition of "Debtor Relief Laws" in a franchise agreement
This definition links "Debtor Relief Laws" to franchisee financial distress.
"Debtor Relief Laws" includes all laws that protect franchisees in financial distress, including regulations on terminations, buyouts, and moratoriums on enforcement actions.
Definition of "Debtor Relief Laws" in a subordinated debt agreement
This definition applies "Debtor Relief Laws" to lower-tier debt claims.
"Debtor Relief Laws" means laws that dictate the subordination of certain debt instruments in insolvency proceedings, including rules on equitable subordination and cramdown provisions.
Definition of "Debtor Relief Laws" in a consumer credit agreement
This definition ties "Debtor Relief Laws" to personal financial protections.
"Debtor Relief Laws" includes consumer protection statutes that limit creditor actions, provide repayment assistance, and regulate bankruptcy alternatives for individual debtors.
Definition of "Debtor Relief Laws" in a cross-border insolvency agreement
This definition applies "Debtor Relief Laws" to multinational debtors.
"Debtor Relief Laws" means any statutes, treaties, or regulations that govern the restructuring, liquidation, or protection of debtors with assets or liabilities in multiple jurisdictions.
Definition of "Debtor Relief Laws" in a joint venture agreement
This definition links "Debtor Relief Laws" to joint venture insolvency.
"Debtor Relief Laws" includes all laws that impact the financial obligations of a joint venture partner in bankruptcy or restructuring, including protections against forced asset liquidation.
Definition of "Debtor Relief Laws" in a vendor financing agreement
This definition ties "Debtor Relief Laws" to supplier repayment protections.
"Debtor Relief Laws" refers to all legal provisions that affect a debtor’s ability to delay or restructure payments to suppliers and vendors in the event of financial distress.
Definition of "Debtor Relief Laws" in a financial guarantee agreement
This definition applies "Debtor Relief Laws" to financial guarantee enforcement.
"Debtor Relief Laws" means all statutes and regulations that impact the enforceability of financial guarantees and indemnities in debtor insolvency proceedings.
Definition of "Debtor Relief Laws" in a secured promissory note
This definition connects "Debtor Relief Laws" to secured lending.
"Debtor Relief Laws" includes laws that affect the rights of secured creditors in insolvency, including lien priority rules and collateral enforcement restrictions.
Definition of "Debtor Relief Laws" in a distressed asset sale agreement
This definition links "Debtor Relief Laws" to the sale of assets in bankruptcy.
"Debtor Relief Laws" refers to laws that regulate the transfer of distressed assets, including restrictions on fraudulent conveyances and preferential transfers.
Definition of "Debtor Relief Laws" in a personal bankruptcy agreement
This definition applies "Debtor Relief Laws" to individual debtor protections.
"Debtor Relief Laws" means any statutes that provide individuals with the right to seek bankruptcy protection, debt discharge, or repayment plans, including personal exemptions.
Definition of "Debtor Relief Laws" in a DIP financing agreement
This definition ties "Debtor Relief Laws" to debtor-in-possession financing.
"Debtor Relief Laws" includes all laws governing debtor-in-possession financing, superpriority claims, and court approvals for financing arrangements in bankruptcy cases.
Definition of "Debtor Relief Laws" in a revolving credit facility
This definition connects "Debtor Relief Laws" to revolving credit obligations.
"Debtor Relief Laws" refers to all regulations that impact the rights and obligations of borrowers and lenders under a revolving credit facility during insolvency or bankruptcy proceedings.
Definition of "Debtor Relief Laws" in a trustee agreement
This definition applies "Debtor Relief Laws" to trustee obligations in insolvency.
"Debtor Relief Laws" means all legal provisions that define the powers, duties, and limitations of bankruptcy trustees, including rules on asset administration and distributions.
Definition of "Debtor Relief Laws" in a forbearance agreement
This definition links "Debtor Relief Laws" to temporary debt relief.
"Debtor Relief Laws" includes all statutory and regulatory measures that provide debtors with temporary relief from repayment obligations through forbearance or standstill agreements.
Definition of "Debtor Relief Laws" in a corporate bond indenture
This definition ties "Debtor Relief Laws" to bondholder rights in insolvency.
"Debtor Relief Laws" refers to all laws and regulations that affect the enforcement, restructuring, or impairment of corporate bondholder claims in bankruptcy proceedings.
Definition of "Debtor Relief Laws" in a landlord-tenant agreement
This definition applies "Debtor Relief Laws" to rental obligations in insolvency.
"Debtor Relief Laws" includes all laws that provide tenants with protection against eviction, rent acceleration, or lease termination due to insolvency or bankruptcy proceedings.
Definition of "Debtor Relief Laws" in a credit card agreement
This definition connects "Debtor Relief Laws" to consumer credit protections.
"Debtor Relief Laws" means any consumer protection laws that allow credit card debtors to negotiate repayment plans, discharge balances, or prevent aggressive collection actions.
Definition of "Debtor Relief Laws" in an insurance policy agreement
This definition links "Debtor Relief Laws" to insurer obligations in bankruptcy.
"Debtor Relief Laws" refers to any laws that regulate the obligations of insurance providers and policyholders in bankruptcy, including the treatment of unpaid premiums and claims.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.