financial distress

Tag: financial distress

Other People’s Money

Other People’s Money (OPM) In finance, other people’s money, or OPM, is a slang term that refers to financial leverage. Other people’s money refers to borrowed capital that is used to increase the potential returns as well as the risks of an investment. OPM can be used by individuals or by corporations. Using other people’s

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Financial Distress Costs

See Also: Financial Accounting Standards Board Financial Instruments Hedging Risk Financial Ratios Finance Beta Definition Financial Distress Costs In finance, consider a company to be in financial distress when it is having difficulty making payments to creditors. Financial distress may lead to bankruptcy. The more debt a company uses to finance its operations the more

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Equity Multiplier Definition

See Also: Define Leverage (Finance) Operating Leverage Long Term Debt to Total Asset Ratio Analysis Debt Ratio Analysis Equity Multiplier Definition The equity multiplier definition, also referred to as leverage of a company, is the amount of debt and other liabilities a firm has assumed as a percentage of the total assets on average throughout

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Bankruptcy Information

See Also: Chapter 7 Bankruptcy Chapter 11 Bankruptcy Bankruptcy Code Chapter 13 Bankruptcy Bankruptcy Costs Chapter 12 Bankruptcy Courts – Bankruptcy Bankruptcy Information Bankruptcy is the legal condition of being unable to repay debts. It can apply to individuals or organizations. There are two types of bankruptcy: voluntary and involuntary. Voluntary bankruptcy occurs when the debtor,

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Bankruptcy Courts

Bankruptcy Courts All bankruptcies are filed in bankruptcy courts when they are located in the United States. Bankruptcy Courts are also subunits of U.S. District Courts. In addition, every U.S. District Court has a bankruptcy court. Applicable federal and state laws then determine bankruptcy proceedings. The US Courts website states that, “Bankruptcy helps people who

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Bankruptcy Code

See Also: Chapter 7 Bankruptcy Chapter 11 Bankruptcy Bankruptcy Costs Bankruptcy Courts Chapter 12 Bankruptcy Chapter 13 Bankruptcy Bankruptcy Information Bankruptcy Code U.S. bankruptcy laws are stated in U.S. Code Title 11 also referred to as the Bankruptcy Code. The code consists of several chapters outlining different bankruptcy categories and procedures. Based on the debtor’s

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Bankruptcy Chapter 7

See Also: Bankruptcy Information Chapter 12 Bankruptcy Bankruptcy Code Chapter 13 Bankruptcy Bankruptcy Costs Bankruptcy Courts Chapter 11 Bankruptcy Bankruptcy Chapter 7 Bankruptcy Chapter 7 is a type of bankruptcy proceeding outlined in the Bankruptcy Code. More specifically, Chapter 7 is a liquidation procedure. When a financially distressed entity files for Chapter 7 bankruptcy, the

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Bankruptcy Chapter 13

See Also: Bankruptcy Costs Chapter 11 Bankruptcy Bankruptcy Code Chapter 12 Bankruptcy Bankruptcy Courts Bankruptcy Information Chapter 7 Bankruptcy Bankruptcy Chapter 13 Bankruptcy Chapter 13 is a type of bankruptcy proceeding outlined in the Bankruptcy Code. Furthermore, Chapter 13 is a financial reorganization procedure that applies to individual consumers and sole proprietorships. When a financially

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Bankruptcy Chapter 12

See Also: Bankruptcy Information Chapter 13 Bankruptcy Bankruptcy Costs Bankruptcy Courts Chapter 11 Bankruptcy Bankruptcy Code Chapter 7 Bankruptcy Bankruptcy Chapter 12 Bankruptcy Chapter 12 is a type of bankruptcy proceeding outlined in the Bankruptcy Code. Furthermore, Chapter 12 is a personal financial reorganization procedure that applies only to farmers and fishermen. When a financially

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Bankruptcy Chapter 11

See Also: Chapter 7 Bankruptcy Bankruptcy Costs Bankruptcy Courts Chapter 13 Bankruptcy Bankruptcy Code Bankruptcy Information Chapter 12 Bankruptcy Bankruptcy Chapter 11 Bankruptcy Chapter 11 is a type of bankruptcy proceeding outlined in the Bankruptcy Code. Furthermore, Chapter 11 is a reorganization procedure. Filing for Chapter 11 Bankruptcy When a financially distressed entity files for

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