A trustee in bankruptcy is an entity, often an individual, in charge of administering a bankruptcy estate. In Canada, a licensed insolvency trustee (LIT)...

for the offending debtor. In the United States, a closed bankruptcy may be reopened by motion of a creditor or the U.S. trustee if a debtor attempts to...

opinions of the bankruptcy courts is West's Bankruptcy Reporter, published privately by Thomson West. Bankruptcy courts appoint a trustee to represent the...

United States Code (the Bankruptcy Code), a trustee (the "trustee in bankruptcy" or TIB) is appointed by the United States Trustee, an officer of the Department...

with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of...

In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). The United States Constitution...

they own to a trustee in bankruptcy in exchange for the elimination of their unsecured debts. The rules for filing personal bankruptcy in each province...

Chapter 7 trustee. In a Chapter 7 bankruptcy, the trustee is appointed almost immediately, with broad powers to examine the finances of the business in bankruptcy;...

States Trustee Program is a component of the United States Department of Justice that is responsible for overseeing the administration of bankruptcy cases...

Interim trustee is a term of art in section 701 of the Bankruptcy Code, Title 11 of the United States Code. When a case under Chapter 7 of the Code is...

the trustee in bankruptcy and the trustee in bankruptcy must examine every proof of claim and can request further proof. The trustee may disallow, in whole...

although they share many similar aspects. Upon receipt of a claim, the Trustee in bankruptcy must notify the claimant (or creditor) whether the estate will object...

time to pay. If a bankruptcy order is made the administration of the bankrupt person's affairs is handled by a trustee in bankruptcy who must be either...

Victims US Courts Bankruptcy Reform Page US Trustee Minimum wage, bankruptcy plans up for Senate vote The Associated Press US Trustee Means Testing page...

of persons, whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent, for...

person is administered by a trustee in bankruptcy. The legal position in all common law countries is similar in this respect. In land law, the term "estate"...

frequently difficult. Such willful defaults (the equivalent of strategic bankruptcy by a company or strategic default by a mortgager, except without the possibility...

Insolvency and Bankruptcy Code, 2016 (IBC) is an Indian law which creates a consolidated framework that governs insolvency and bankruptcy proceedings for...

to a conservator as a guardian of the estate or as a trustee. Conservatorships are generally put in place for people who are significantly disabled by mental...

Ebner v Official Trustee in Bankruptcy is a decision of the High Court of Australia. The case is an important decision in Administrative Law, for its holdings...

increasing in popularity since the 1990s. CROs are sometimes seen as an alternative to using a trustee in bankruptcy in a reorganization bankruptcy, because...

debts (i.e. debts owed by businesses) Represent creditor's interests in a bankruptcy proceeding Foreclose on homes or commercial real estate if the purchaser...

soglasheniye). The main face of the bankruptcy process is the insolvency officer (trustee in bankruptcy). At various stages of bankruptcy, he has to be determined:...

bankruptcy trustee to oversee bankruptcy cases. Since then, bankruptcy law in the United States has undergone several significant revisions. In 1978, the...

private default in history is Lehman Brothers, with over $600 billion when it filed for bankruptcy in 2008 (equivalent to over $830 billion in 2023). The biggest...

or other sources that would not ordinarily be available to a Trustee in Bankruptcy. In the Latin version of the Lord's Prayer, the words Et dimitte nobis...

insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent...

Trustee (LIT) is a person licensed by the Superintendent of Bankruptcy in Canada to administer proposals and bankruptcies and manage assets held in trust...

person is 'vested in' (transferred to) the Official Receiver or Trustee in Bankruptcy. However, it is open to the Receiver or Trustee to refuse to accept...

enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A company...