bona fide (not comparable) 1  In good faith. 2  Genuine; not counterfeit.
What is a 'Debtor in Possession (DIP)' A debtor in possession (DIP) is a person or corporation who has filed for bankruptcy protection but still holds property that a creditor has a right to.  It is part of U.S. bankruptcy law and is the term used to describe a corporation that continues to do business while under Chapter 11 bankruptcy proceedings.
A possession order is a court order that ends your right to live in a property. It may be possible to apply to the court to make changes to a possession order. You can ask a court to do this if your landlord was seeking possession of your home using a discretionary ground such as rent arrears.If discretionary grounds are used, the judge has a choice about whether to make a possession order.he court won't automatically agree to change the terms of the order. It is less likely to agree if you have had rent arrears or have not kept to previous agreements. Ask an adviser for help to apply to change the terms of the agreement. Use Shelter's directory to find a face-to-face adviser near you.