Affirmed - In the practice of the court of appeals, it means that the court of appeals has concluded that the lower court decision is correct and will stand as rendered by the lower court.⏎
Article III judge - A federal judge who is appointed for life, during "good behavior," under Article III of the Constitution. Article III judges are nominated by the President and confirmed by the Senate.⏎
Bankruptcy court - The bankruptcy judges in regular active service in each district; a unit of the district court.⏎
Assets - Property of all kinds, including real and personal, tangible and intangible.⏎
Bankruptcy - A legal procedure for dealing with debt problems of individuals and businesses; specifically, a case filed under one of the chapters of title 11 of the United States Code (the Bankruptcy Code).⏎