Misdemeanor - An offense punishable by one year of imprisonment or less. See also felony.⏎
Liquidated claim - A creditor's claim for a fixed amount of money.⏎
Home confinement - A special condition the court imposes that requires an individual to remain at home except for certain approved activities such as work and medical appointments. Home confinement may include the use of electronic monitoring equipment – a transmitter attached to the wrist or the ankle – to help ensure that the person stays at home as required.⏎
Liquidation - The sale of a debtor's property with the proceeds to be used for the benefit of creditors.⏎
Joint administration - A court-approved mechanism under which two or more cases can be administered together. (Assuming no conflicts of interest, these separate businesses or individuals can pool their resources, hire the same professionals, etc.)⏎