Financial Definition of Cramdown
Meaning of Cramdown
The ability of the bankruptcy court to confirm a plan of reorganization over the objections of some classes of creditors.
Related Entries of Cramdown in the Encyclopedia of Law Project
Browse or run a search for Cramdown in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Cramdown in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Cramdown in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Cramdown in the Legal Abbreviations and Acronyms Dictionary.
Browse
You might be interested in these references tools:
| Resource | Description |
|---|---|
| Cramdown in the Dictionary | Cramdown in our legal dictionaries |
| Related topics | Browse topics from the World Wiki Encyclopedia of Law |
| Browse the Legal Thesaurus | Find synonyms and related words of Cramdown |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Cramdown in the World Encyclopedia of Law |
What is Cramdown?
Vocabularies (Semantic Web Information)
| Resource | Description |
|---|---|
| Topic Map | A group of names, occurrences and associations |
| Topic Tree | A topic display format, showing the hierarchy |
| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/cramdown | The URI of Cramdown (more about URIs) |
Concept of Cramdown in the context of Real Property
A short definition of Cramdown: A term used in chapter 13 (wage earner restructuring debt) bankruptcy. A secured loan is reduced when the loan balance exceeds the reasonable value of the collateral security. The amount above that value becomes unsecured. Used mainly for personal property loans but now starting to be used for mortgage loans. A portion of the mortgage, if it exceeds the value of the property, can become an unsecured loan.
Concept of Cramdown in the context of Real Property
A short definition of Cramdown: A term used in chapter 13 (wage earner restructuring debt) bankruptcy. A secured loan is reduced when the loan balance exceeds the reasonable value of the collateral security. The amount above that value becomes unsecured. Used mainly for personal property loans but now starting to be used for mortgage loans. A portion of the mortgage, if it exceeds the value of the property, can become an unsecured loan.
Leave a Reply