Subordination - The act or process by which a person's rights or claims are ranked below those of others.⏎
Small business case - A special type of chapter 11 case in which there is no creditors' committee (or the creditors' committee is deemed inactive by the court) and in which the debtor is subject to more oversight by the U.S. trustee than other chapter 11 debtors. The Bankruptcy Code contains certain provisions designed to reduce the time a small business debtor is in bankruptcy.⏎
Statement of financial affairs - A series of questions the debtor must answer in writing concerning sources of income, transfers of property, lawsuits by creditors, etc. (There is an official form a debtor must use.)⏎
Sentencing guidelines - A set of rules and principles established by the United States Sentencing Commission that trial judges use to determine the sentence for a convicted defendant.⏎
Typing service - A business not authorized to practice law that prepares bankruptcy petitions.⏎