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Glite Dictionary
prepetition

prepetition

1 9.5
Existing before someone files for bankruptcy
  • adjective
  • /priːˈpɛtɪʃən/
  • Formal
: prepetición
  • The company tried to settle some prepetition liabilities before filing for bankruptcy.

Examples

  • The court reviewed all prepetition contracts to determine which obligations remained.

  • Creditors must file claims for prepetition debts during the bankruptcy process.

  • The prepetition analysis was crucial for the case.

  • In prepetition scenarios, creditors often seek immediate relief.

  • Creditors must submit evidence for prepetition claims before the bankruptcy hearing begins.

  • The lawyer emphasized the importance of reviewing prepetition documents to understand the case thoroughly.

  • Before filing for bankruptcy, the company evaluated its prepetition financial obligations carefully.

Synonyms

prebankruptcy
vsprepetition
  • Specialized
7.0

Happening before a person or company files for bankruptcy

focuses on the time immediately before a formal legal filing is made
presubmission
vsprepetition
  • Formal
7.0

Happening before a document or application is formally sent

applies specifically to the period before a legal filing is made, often in bankruptcy

How Early

prepetition
  • Formal
1 9.5
preliminary
219 5.2

Surface Forms

prepetition positive

Morphology

prepetition = petition (semi-transparent) = pre + petition

The meaning of 'before a petition' is clear from the parts, but the specific legal-bankruptcy sense is specialized rather than fully general.

Etymology

Prepetition comes from pre- 'before' and petition 'a formal request to a court'. So prepetition describes things, like contracts or debts, that existed or happened 'before' the petition was filed.