Legal Definition and Related Resources of Assignment For The Benefit Of Creditors
Meaning of Assignment For The Benefit Of Creditors
The transfer without compulsion of law by debtor of his property to an assignee in trust to apply property or proceeds thereof in payment of his debts and to return surplus if any . U.S. v Gotwals, 156 F.2d 692, cert, den. 329 U.S. 781.
Related Entries of Assignment For The Benefit Of Creditors in the Encyclopedia of Law Project
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Assignment For The Benefit Of Creditors in Historical Law
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Legal Abbreviations and Acronyms
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