Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,592,020,537 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

trustee in bankruptcy

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.

trustee in bankruptcy n. a person appointed by a bankruptcy court to supervise the affairs of person or business which is in bankruptcy, determine both assets and debts, marshal (gather) and manage the assets if necessary, and report to the court. Most trustees in bankruptcy are full-time professionals and are paid from the estates of the debtors. (See: bankruptcy)
How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Legal browser?   Full browser?
 
They are responsible for acting as your trustee in bankruptcy and are required to oversee the liquidation of your assets and the fair distribution of them to your creditors.
Guide to Bankruptcy by Jensen Carlyle / Finance and Investment community
You each are under an obligation to comply with the terms of the deed and so, for example, if one of you were to die or be judged bankrupt, the executor or trustee in bankruptcy would need to comply with the terms of the deed.
The issues of co-ownership; There are important issues to be ... by The Journal (Newcastle, England)
In September 2007 the Trustee in Bankruptcy, acting on behalf of the tenants, gave the Council notice that they would leave the farm in September 2008.
Rat poison kills eviction farmer; SUSPECTED SUICIDE: 'Noxious ... by Coventry Evening Telegraph (England)
 
 
 
Legal Dictionary
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.