trustee in bankruptcy

  • 41Chapter 7 trustee — a person appointed in a Chapter 7 case to represent the interests of the bankruptcy estate and the unsecured creditors (Glossary of Common Bankruptcy Terms) A person appointed in a chapter 7 case to represent the interests of the bankruptcy… …

    Glossary of Bankruptcy

  • 42remuneration of trustee — In estates under summary administration and in consumer proposals the trustee s, or administrator s, fees and expenses are set by the Bankruptcy and insolvency Rules. In all other cases, the remuneration of the trustee falls under the provisions… …

    Glossary of Bankruptcy

  • 43Chapter 13 trustee — A person appointed to administer a chapter 13 case. (A chapter 13 trustee s responsibilities are similar to those of a chapter 7 trustee; however, a chapter 13 trustee has the additional responsibilities of overseeing the debtor s plan, receiving …

    Glossary of Bankruptcy

  • 44indenture trustee — Under Title 11 U.S.C. Section 101: (29) The term indenture trustee means trustee under an indenture. United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 45trustee — agent of a bond issuer who handles the administrative aspects of a loan and ensures that the borrower complies with the terms of the bond indenture. Bloomberg Financial Dictionary When a person is the legal owner of assets, but is holding them on …

    Financial and business terms

  • 46bankruptcy trustee —    A court appointed individual who oversees the case of a person or business that has filed for bankruptcy. In a consumer Chapter 7 case, the trustee gathers the debtor s nonexempt property, liquidates it, and distributes it proportionally to… …

    Business law dictionary

  • 47trustee — noun ADJECTIVE ▪ joint (BrE), sole ▪ He acts as sole trustee of the fund. ▪ independent ▪ public ▪ professional …

    Collocations dictionary

  • 48Bankruptcy Code — A federal law (11 U.S.C.A.) for the benefit and relief of creditors and their debtors in cases in which the latter are unable or unwilling to pay their debts. The Bankruptcy Code of 1978 substantially revised and replaced the Bankruptcy Act of… …

    Black's law dictionary

  • 49Bankruptcy Code — A federal law (11 U.S.C.A.) for the benefit and relief of creditors and their debtors in cases in which the latter are unable or unwilling to pay their debts. The Bankruptcy Code of 1978 substantially revised and replaced the Bankruptcy Act of… …

    Black's law dictionary

  • 50Consumer bankruptcy in Canada — See also: Insolvency law of Canada Consumer bankruptcy in Canada is governed by the Bankruptcy and Insolvency Act ( BIA ). [1] The legislation is complemented by regulations, as well as directives from the Office of the Superintendent of… …

    Wikipedia