Skip to main content
Find a Lawyer

term:

Prebankruptcy Planning

prebankruptcy planning

The arrangement (or rearrangement) of a debtor’s property to allow the debtor to take maximum advantage of exemptions. (Prebankruptcy planning typically includes converting nonexempt assets into exempt assets.)

Source: Administrative Office of the U.S. Courts

See More Bankruptcy and Debt Law Terms

See Other Legal Glossaries

Copied to clipboard