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The Consumer Price Index (1982-84 = 100) was about 207 in 2007. In 1989, the CPI was 124. Tuition for in-state students at one Big Ten university was $2032 in 1989. In 2007 dollars, this tuition is equivalent to
Bankruptcy Estate
All legal or equitable interests of the debtor in property at the time of the bankruptcy filing, including all assets.
Prepetition Assets
Assets that an individual or entity possesses before filing for bankruptcy protection.
Automatic Stay
A legal provision that halts all lawsuits, foreclosures, and collection activities against a debtor the moment a bankruptcy petition is filed.
Filing Of A Petition
The act of submitting a document to a court or other authority requesting a legal proceeding.
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