pre-packaged bankruptcy

noun

A filing for bankruptcy by submitting to the court a virtually complete plan designed to avoid a protracted court-guided period of reorganization and debt restructuring.

Meanings

nounpre-packaged bankruptcy (countable and uncountable, plural pre-packaged bankruptcies)

plural pre-packaged bankruptcies

  1. countableuncountablebankingA filing for bankruptcy by submitting to the court a virtually complete plan designed to avoid a protracted court-guided period of reorganization and debt restructuring.

    Synonyms: pre-pack, quick bankruptcy, surgery, pre-packaged insolvency

Synonyms & antonyms

nounA filing for bankruptcy by submitting to the court a virtually complete plan designed to avoid a protracted court-guided period of reorganization and debt restructuring.

Cite this entry
APA

pre-packaged bankruptcy. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/pre-packaged%20bankruptcy

MLA

“pre-packaged bankruptcy.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/pre-packaged%20bankruptcy. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “pre-packaged bankruptcy,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/pre-packaged%20bankruptcy.

Source: pre-packaged bankruptcy on Wiktionary, CC BY-SA 4.0.