There are basically two ways to handle post-petition consumer debt in your Chapter 13 bankruptcy: 1  Incur the debt without court approval. If you do this, you can either pay the debt outside your plan, or attempt to include it in your plan by seeking a plan amendment. 2  Incur the debt with prior court approval.
Freebase(0.00 / 0 votes)Rate this definition: Liberalization. In general, liberalization refers to a relaxation of previous government restrictions, usually in areas of social or economic policy. In some contexts this process or concept is often, but not always, referred to as deregulation.
A liberal is someone on the left wing of politics â the opposite of a conservative. Also, a liberal attitude toward anything means more tolerance for change. There are many meanings for liberal, but they mostly have to do with freedom and openness to change. A teacher with a liberal policy toward attendance is going to be forgiving of missed days. A bank with a liberal attitude toward your money would probably be bad: some things are awful if they're loose and free.