plan: A debtor’s detailed
description of how the debtor proposes to pay creditors’ claims
over a fixed period of time.
plaintiff: A person or business that
files a formal complaint with the court.
postpetition transfer: A transfer of
the debtor’s property made after the commencement of the case.
prebankruptcy planning: The
arrangement (or rearrangement) of a debtor’s property to allow
the debtor to take maximum advantage of exemptions. (Prebankruptcy
planning typically includes converting nonexempt assets into