Definitions of statement of Intention
a declaration made by a debtor going through a bankruptcy proceeding under Chapter 7 of the US Bankruptcy Code that outlines plans for dealing with consumer debts that are secured by property of the estate
When you file for Chapter 7 bankruptcy, you will have to file a Statement of Intention form.
a short summary of the purpose of an agreement, or of what it is hoped to achieve in a future agreement, that is sometimes written at the top of a contract or other document
Statement of Intention A. Segami is in the business of the development and sale of software for gamma camera image acquisition, processing and display. Segami's current software is called Mirage. B. Digirad desires to purchase software from Segami for the purpose of gamma camera image acquisition, processing and display which will interface with Digirad's solid state gamma camera.