proceeding in bankruptcy
the statutory procedure, usu. triggered by insolvency, by which a person is relieved of most debts and undergoes a judicially supervised reorganization or liquidation for the benefit of that person's creditors, menetlus, mille kaudu saab võlausaldaja õiguse võlgniku vara arvel oma nõuete rahuldamiseks käesolevas seaduses ettenähtud korras
