No-asset case - A Chapter 7 case in which there are no assets available to satisfy any portion of the creditors' unsecured claims.⏎
Prosecute - To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government⏎
Postpetition transfer - A transfer of the debtor's property made after the commencement of the case.⏎
Party in interest - A party who has standing to be heard by the court in a matter to be decided in the bankruptcy case. The debtor, U.S. trustee or bankruptcy administrator, case trustee, and creditors are parties in interest for most matters.⏎
Parole - The release of a prison inmate – granted by the U.S. Parole Commission – after the inmate has completed part of his or her sentence in a federal prison. When the parolee is released to the community, he or she is placed under the supervision of a U.S. probation officer.The Sentencing Reform Act of 1984 abolished parole in favor of a determinate sentencing system in which the sentence is set by sentencing guidelines. Now, without the option of parole, the term of imprisonment the court imposes is the actual time the person spends in prison.⏎