ADMINISTRATIVE-CONVENIENCE EXCEPTION

ADMINISTRATIVE-CONVENIENCE EXCEPTION administrative-convenience exception. Bankruptcy. A provision permitting a bankruptcy plan to have a separate classification for small, unsecured claims, to the extent that the separate classification will assist in a more efficient disposition of the estate, as by paying or eliminating the small claims earlier than other claims. 11 USCA ¡ì 1122(b). [Cases: Bankruptcy …

ADMINISTRATIVE-CONVENIENCE EXCEPTION Read More »