Bankruptcy Forms: Filing Bankruptcy Chapter 7 Bankruptcy Software Chapter 13

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TITLE 11–BANKRUPTCY

CHAPTER 5–CREDITORS, THE DEBTOR, AND THE ESTATE

Sub Chapter III – The Estate

Sec. 560. Contractual right to terminate a swap agreement

   The exercise of any contractual right of any swap participant to 
cause the termination of a swap agreement because of a condition of the 
kind specified in section 365(e)(1) of this title or to offset or net 
out any termination values or payment amounts arising under or in 
connection with any swap agreement shall not be stayed, avoided, or 
otherwise limited by operation of any provision of this title or by 
order of a court or administrative agency in any proceeding under this 
title. As used in this section, the term ``contractual right'' includes 
a right, whether or not evidenced in writing, arising under common law, 
under law merchant, or by reason of normal business practice.

(Added Pub. L. 101-311, title I, Sec. 106(a), June 25, 1990, 104 Stat. 
268.)

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Note: For affordable legal assistance The Center For Debt Management highly recommends Standard Legal's Do-It-Yourself Bankruptcy Forms Software Kits. For credit repair services,
the most trusted law firm in America with over 15 years of experience is Lexington Law Firm.

For more bankruptcy help and bankruptcy alternatives, go to Bankruptcy Resources

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Legal Resource Center: United States Code TITLE 11 Filing Bankruptcy Forms Software