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Equipment Leasing and Financing
book

Equipment Leasing and Financing

by Richard M. Contino
November 2019
Intermediate to advanced content levelIntermediate to advanced
218 pages
5h 17m
English
Business Expert Press
Content preview from Equipment Leasing and Financing

CHAPTER 15

The Bankruptcy Rules

Overview

Inevitably, if you, as a product vendor, are involved in an equipment financing transaction, you will, at some time, be involved in a customer bankruptcy proceeding. So, an understanding of the bankruptcy rules is essential. This chapter will examine the basic provisions of the federal bankruptcy law (the law under which most bankruptcies are handled), known as the Bankruptcy Code. The Bankruptcy Code is embodied in Title 11 of the U.S. Code. An examination of similar state laws will not be addressed because they are rarely encountered in an equipment lease or financing situation.

The impact on a product vendor in the role of a lessor, and any equipment lender to the product vendor lessor, if a lessee ...

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Publisher Resources

ISBN: 9781949991932