core proceeding

Definition of "core proceeding"
  1. A type of proceeding initiated by a debtor against a creditor, which is essential to managing a bankruptcy estate and is therefore under the competence of the bankruptcy court
How to use "core proceeding" in a sentence
  1. The judge decided to convert the core proceeding from a Chapter 11 to a Chapter 7 case.
  2. The attorney sought to recover funds for the bankruptcy estate through a core proceeding.
  3. In the core proceeding, the debtor lodged a claim against the creditor, outlining the integral aspects of the bankruptcy estate.

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