Airlines Reporting Corp. looked at data for tickets bought between January 2013 through July 2014 to figure out the sweet spots for lowest fares. At the eight- and 24-week points, the report says, fliers saved 19% on domestic flights and 27% on international flights.
Active bankruptcy means an individual or business has filed paperwork for bankruptcy and the case is ongoing. This takes quite some time in many cases and the case can be active for awhile. 6 people found this useful.
Liquidation Bankruptcy Law and Legal Definition. Liquidation bankruptcy refers to a bankruptcy proceeding filed under chapter 7, title 11 of the Bankruptcy Code. Bankruptcy filed under Chapter 7 is the most common type of bankruptcy proceeding. In a Chapter 7 case, the bankruptcy trustee gathers and sells the debtor's nonexempt assets and uses the proceeds of such assets to pay the creditors in accordance with the provisions of the Bankruptcy Code.