Trustee in bankruptcy

Resource type: Glossary Item

Status: Maintained

Either the Official Receiver (www.practicallaw.com/A36147) or an insolvency practitioner (www.practicallaw.com/A35386) who takes control of a bankrupt person’s assets. The trustee’s main duties are to sell these assets and share the money out among the creditors.

Actions
Resource information
Show resource details Hide resource details
  • Resource ID: 6-107-7420
  • Products:  IP&IT, PLC Glossary, PLC Magazine (UK), PLC UK Commercial, PLC UK Construction, PLC UK Corporate, PLC UK Dispute Resolution, PLC UK Employment, PLC UK Environment, PLC UK Finance, PLC UK Law Department, PLC UK Pensions, PLC UK Property, PLC UK Restructuring and Insolvency, PLC UK Share Schemes & Incentives
  • This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.
Contact the team
Print
Related content
Related content
Practice Note: Overview
Legal Update: Case Report
{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247244870927", "objName" : "Trustee in bankruptcy", "userID" : "2", "objUrl" : "http://us.practicallaw.com/cs/Satellite/6-107-7420?source=relatedcontent", "pageType" : "", "contentAccessed" : "true", "analyticsPermCookie" : "2-abc4ee1:13ecb83be23:-22db", "analyticsSessionCookie" : "2-abc4ee1:13ecb83be23:-22da", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }