habitual bankrupts
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 383 U.S. 392 - Perry v. Commerce Loan Co. · 1966Most cited · 460 citing opinions
The unmistakable purpose of the six-year provision was to prevent the creation of a class of habitual bankrupts—debtors who might repeatedly escape their obligations as frequently as they chose by going through repeated bankruptcy.