Codes that represents the disposition status of a Bankruptcy.

Valid values

A
Chapter 7: DISCHARGED The amount owed was included in the “order of relief.” Debtor no longer liable for debts listed in “order of relief.”

C
Chapter 13: FILED Adjustment of debts of an individual with consistent income. Debtor petitions the court for permission to pay a percent of his income over a period of years until debt is satisfied (usually not over three years).

D
Chapter 11: FILED BusinessReorganization. Business debtor is granted relief from payment under terms of initial contract reorganization period.

E
Chapter 11: DISMSD/CLSD Petition for reorganization of debt has been withdrawn by debtor or honored - subject liable for debts.

F
Chapter 11: DISCHARGED Petition by debtor for complete relief of all debts is honored. Debtor no longer liable for debts listed in “order of relief.”

G
Chapter 12: FILED TheChapter 12 plan applies only to family farmers who have regular annual incomes sufficient to make payments under a proposed plan. Payment under the plan must be completed in three years. In certain situations, payment of no longer than five years is permitted.

H
Chapter 12: DISCHARGED A discharge is entered after the completion of all payments under the plan. However, certain payments on some long term claims, which are due after the last payment under the plan, will continue after the date of discharge.

I
Chapter 7: INVOLUNTARY The debtor is forced into bankruptcy by the petition of a sufficient number of his creditors.

J
Chapter 12: DISMSD/CLSD The court may dismiss the plan or terminate the plan for various reasons, including unreasonable delays, gross mismanagement, non payment of any fees and charges, failure to file a plan in a timely manner, failure to make timely payments required by a confirmed plan, denial of confirmation or request made for additional time, and so forth.

K
Chapter 13: DISMSD/CLSD The petition by debtor for permission to pay a percent of his income over a period of years has been withdrawn by debtor or has not been followed by debtor. Debtor remains liable for his debts under initial terms of the contract.

L
Chapter 13: DISCHARGED Plan by debtor to pay percent of income over a period of years has been completed. Debtor no longer liable for debts listed in payment plan.

M
Chapter 7: DISMSD/CLSD The bankruptcy petition has been withdrawn by or has not been honored by the court. Subject remains liable for his debts under the terms of the initial contract.

V
Chapter 7: VOLUNTARY Bankruptcy proceeding is initiated by the debtor''s own petition to be declared bankrupt and have benefit of the law.