Ill. Admin. Code tit. 92, § 1070.100 - Bankruptcy
"Bankruptcy Debtor" - a debtor under any chapter of the federal Bankruptcy Code.
"Chapter 13 Plan" - an order by a United States Bankruptcy Court requiring a monthly payment from the wages of a debtor.
"Creditor" - a person to whom a debt is owed by another.
"Debtor" - one who owes a debt.
"Deletion of Suspension" - the permanent removal of the suspension from the driving record.
"
"Discharge in Bankruptcy" - an order by a United States Bankruptcy Court relieving an individual from all of his/her debts which are provable in bankruptcy, except those excluded by the Bankruptcy Code.
"Notice of Automatic Stay" - any notice received by the
"Notice of Meeting of Creditors" - a notice from the United States Bankruptcy Court informing the entities which have a claim against the debtor that the debtor has filed bankruptcy.
"Petition in Bankruptcy" - a petition filed in Bankruptcy Court, or with the Clerk, by a debtor seeking the protection of the Bankruptcy Code.
"Schedule A-3" - Schedule of Liabilities.
"Termination of Suspension" - a suspension which has ended.
"Trustee Report of No Assets" - a report from the trustee of the United States Bankruptcy Court indicating the debtor has no assets.
Notes
Amended at 18 Ill. Reg. 10909, effective June 28, 1994
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
"Bankruptcy Debtor" - a debtor under any chapter of the federal Bankruptcy Code.
"Chapter 13 Plan" - an order by a United States Bankruptcy Court requiring a monthly payment from the wages of a debtor.
"Creditor" - a person to whom a debt is owed by another.
"Debtor" - one who owes a debt.
"Deletion of Suspension" - the permanent removal of the suspension from the driving record.
"Department" - Department of Driver Services of the Office of the Secretary of State.
"Discharge in Bankruptcy" - an order by a United States Bankruptcy Court relieving an individual from all of his/her debts which are provable in bankruptcy, except those excluded by the Bankruptcy Code.
"Notice of Automatic Stay" - any notice received by the Department that indicates a debtor has filed a Petition in Bankruptcy, which automatically stays any proceedings against him pursuant to Section 362 of the Bankruptcy Reform Act of 1978 ( 11 U.S.C. Section 362 ).
"Notice of Meeting of Creditors" - a notice from the United States Bankruptcy Court informing the entities which have a claim against the debtor that the debtor has filed bankruptcy.
"Petition in Bankruptcy" - a petition filed in Bankruptcy Court, or with the Clerk, by a debtor seeking the protection of the Bankruptcy Code.
"Schedule A-3" - Schedule of Liabilities.
"Termination of Suspension" - a suspension which has ended.
"Trustee Report of No Assets" - a report from the trustee of the United States Bankruptcy Court indicating the debtor has no assets.
Notes
Amended at 18 Ill. Reg. 10909, effective June 28, 1994