Surrender in Bankruptcy

By Sabrina L. McKinney, Senior Staff Attorney for Chapter 13 Trustee Cleve Reding, Montgomery, AL

Per Merriam –Webster.com ‘surrender’ is a verb and means (1) to agree to stop fighting, hiding, resisting, etc., because you know that you will not win or succeed; (2) to give the control or use of (something) to someone else; (3) to allow something (such as a habit or desire) to influence or control you.

But, as we well know, the understood meaning of a word is often very different . . .

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