Concept information
Preferred term
bankruptcy fraud
Definition
- Bankruptcy provides for the distribution of a debtor's estate to his or her creditors and discharges the debtor's debt, allowing the debtor to have a fresh start financially. The discharge of debt, however, is not permitted for the dishonest debtor. [Source: Encyclopedia of White-Collar and Corporate Crime; Bankruptcy Fraud]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/bankruptcy_fraud
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