Refers to the order of the Bankruptcy Court given at the end of proceedings which cancels all of the debtor petitioner's debts that may be discharged. … [Read more...] about BANKRUPTCY DISCHARGE
B
BANNUM
A ban, (q. v.) … [Read more...] about BANNUM
BARGAIN AND SALE
conveyancing, contracts. A contract in writing to convey lands to another person; or rather it is the sale of a use therein. In strictness it is not an absolute conveyance of the seizin, as a feoffment. Watk. Prin. Conv. by Preston, 190, 191. The consideration must be of money or money's worth. Id. 237. 2. In consequence of this conveyance a use arises to a bargainee, and the … [Read more...] about BARGAIN AND SALE
BARONET
An English name or title of dignity, (but not a title of nobility,) established A. D. 1611 by James I. It is created by letters patent, and descends to the male heir. Spelman. … [Read more...] about BARONET
BANKRUPTCY ESTATE
This refers to the entire amount of property owned by a debtor when filing for bankruptcy, exclusive of exempt property, and which the trustee of the bankruptcy case will take possession and manage. … [Read more...] about BANKRUPTCY ESTATE