Legal Definition and Related Resources of Trustee In Bankruptcy
Meaning of Trustee In Bankruptcy
A person in whom the property of the bankrupt is vested in trust for his creditors. The powers and duties of a trustee in bankruptcy are provided for in the federal Bankruptcy Law.
Trustee In Bankruptcy Alternative Definition
A trustee in bankruptcy is a person in whom the property of a bankrupt is vested In trust for the creditors, not for the bankrupt. 10 Ch. Div. 388, 434. His duty is to discover, realize, and distribute it among the crediTRUSTEE PROCESS tors, and for that purpose to examine the bankrupt’s property, accounts, etc., to investigate proofs made by creditors, and to admit, reject, expunge, or reduce them, according to circumstances. He also has to keep various accounts of his dealings with the property, and of the course of the bankruptcy, which are audited by the committee of inspection and the comptroller in bankruptcy. Robson, 488.
Related Entries of Trustee In Bankruptcy in the Encyclopedia of Law Project
Browse or run a search for Trustee In Bankruptcy in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Trustee In Bankruptcy in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Trustee In Bankruptcy in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Trustee In Bankruptcy in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Bankruptcy, , Discharge.
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| Resource | Description |
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| Trustee In Bankruptcy in the Dictionary | Trustee In Bankruptcy in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Trustee In Bankruptcy |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Trustee In Bankruptcy in the World Encyclopedia of Law |
Notice
This definition of Trustee In Bankruptcy is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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Trustee in bankruptcy in Law Enforcement
Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of trustee in bankruptcy.
Resources
See Also
- Law Enforcement Officer
- Police
- Law Enforcement Agency
Further Reading
- trustee in bankruptcy in A Dictionary of Law Enforcement (Oxford University Press)
- trustee in bankruptcy in the Encyclopedia of Law Enforcement
- A Treatise on the Police of the Metropolis
Concept of Trustee in Bankruptcy in the context of Real Property
A short definition of Trustee in Bankruptcy: One appointed by a bankruptcy court, and in whom the property of the bankrupt vests. The trustee holds the property in trust, not for the bankrupt, but for the creditors.
Concept of Trustee in Bankruptcy in the context of Real Property
A short definition of Trustee in Bankruptcy: One appointed by a bankruptcy court, and in whom the property of the bankrupt vests. The trustee holds the property in trust, not for the bankrupt, but for the creditors.
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