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extension plan

Definitions from Case Law · United States Supreme Court

Definitions from Case Law

From 383 U.S. 392 - Perry v. Commerce Loan Co. · 1966Most cited · 460 citing opinions

Extension plans, therefore, differ materially from straight bankruptcy, arrangements under Chapters XI and XII, and wage-earner plans by way of composition, all of which contemplate only a partial payment of the wage earner's debts. Indeed, under an extension plan, the wage earner who makes the required payments will have paid his debts in full and will not need a discharge, even though the Act provides for a formal one.

How often courts cite the case defining “extension plan”

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Court decisions citing the opinion that defined “extension plan” — 453 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.