trustee in bankruptcy — An individual or corporation licensed by the Superintendent of Bankruptcy pursuant to the Bankruptcy and insolvency Act (Ontario Bankruptcy Dictionary) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
trustee in bankruptcy — trustee in bankruptcy: an officer of the court in whom ownership of a debtor s property is vested for the benefit of the creditors and who administers the property for the purpose of making payments to the creditors according to the priority of… … Law dictionary
trustee in bankruptcy — An appointed trustee who supervises and administers the affairs of a bankrupt company or individual. Bloomberg Financial Dictionary * * * trustee in bankruptcy trustee in bankruptcy ➔ bankruptcy * * * trustee in bankruptcy UK US noun [C] (also… … Financial and business terms
Trustee in bankruptcy — A Trustee in Bankruptcy, in the United States, is a person who is appointed by the United States Department of Justice or by the creditors involved in a bankruptcy case.In a Chapter 7 Bankruptcy the trustee gathers the debtor’s non exempt… … Wikipedia
trustee in bankruptcy — One to whom the administration of a bankrupt estate is delegated and confided. 9 Am J2d Bankr § 621. The Bankruptcy Act specifies either one or three trustees for a bankrupt estate, and there is nothing in the Bankruptcy Act or the General Orders … Ballentine's law dictionary
trustee in bankruptcy — A person who administers a bankrupt s estate and realizes it for the benefit of the creditors. See feature BANKRUPTCY LAW on p. 48 … Accounting dictionary
trustee — an agent of the court who manages the property of the debtor for the benefit of the creditors. The court appoints a trustee in most Chapter 7 cases and in Chapter 11 cases when it determines that the debtor s management should not remain in their … Glossary of Bankruptcy
trustee in bankruptcy — Law. a person appointed by a court to administer the property of a bankrupt. * * * … Universalium
trustee in bankruptcy — person that was appointed by a court to liquidate a bankrupt business … English contemporary dictionary
trustee in bankruptcy — noun Law a person taking administrative responsibility for the financial affairs of a bankrupt … English new terms dictionary