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bankruptcy order
(redirected from bankruptcy orders)

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bankruptcy order
n Law
(Law) a court order appointing a receiver to manage the property of a debtor or bankrupt Former name receiving order


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Almost 64,500 bankruptcy orders were issued last year, 1,500 more than in 2006.
Where statutory demands are ignored the council can petition for bankruptcy orders against the worst offenders.
Byline: By Peter Maxwell The number of bankruptcy orders continues to rise, partly as a result of more individuals declaring themselves bankrupt due to the more relaxed bankruptcy regime.
 
 
 
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