It is a bankruptcy proceeding where a debtor seeks confirmation of a plan that will repay creditors while permitting the debtor to retain assets or continue in business. It is the sale of an estate’s assets to repay creditors. What is a liquidation proceeding? Contoh Soal Psikotes Dan Jawabannya Pdf on this page. Trustee- a fiduciary appointed by the United States Trustee to administer a bankruptcy estate. Jose live in poverty because no money arrived from Calamba. Feodor Jagor (author: Travels in the Philippines).

After completing his studies in Madrid, Rizal went to Paris and Germany to specialize in ophthalmology. Meyer and Feodor Jagor of Germany and Dr. Among the renowned scholars invited by Rizal to become members of the association were: Dr. The proceedings permitted by Chapters 9, 11, 12 and 13 of the Bankruptcy Code are reorganization proceedings. Reorganization- a bankruptcy proceeding where a debtor seeks confirmation of a plan that will repay creditors while permitting the debtor to retain assets or continue in business. A Chapter 7 bankruptcy is a liquidation proceeding. Liquidation- the sale of an estate’s assets to repay creditor. The entity filing a voluntary bankruptcy proceeding or against whom an order for relief is entered in an involuntary bankruptcy is known as the debtor. Jagor, he met other scientists such as Dr. Feodor Jagor, a famous German scientist and.

Dr feodor jagor and jose rizal