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Bankruptcy Terminology      (Page 217)

unliquidated claim: A claim for which a specific value has not been determined.

unscheduled debt: A debt that should have been listed by the debtor in the schedules filed with the court but was not. (Depending on the circumstances, an unscheduled debt may or may not be discharged.)

unsecured claim: A claim or debt for which a creditor holds no special assurance of payment, such as a mortgage or lien; a debt for which credit was extended based solely upon the creditor’s assessment of the debtor’s future ability to pay.

voluntary transfer: A transfer of a debtor’s property with the debtor’s consent.

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