MLchartDataset catalogue

Bankruptcy trustee

Term · Law · MLC-T-LAW-000673

An individual appointed by the U.S. Trustee or bankruptcy court to administer a bankruptcy estate, representing the interests of the creditors. The trustee's duties include collecting and liquidating the debtor's non-exempt assets and distributing the proceeds to creditors. They also investigate the debtor's financial affairs.

Table 1. Record
IdentifierMLC-T-LAW-000673
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-000673",
  "term": "Bankruptcy trustee",
  "field": "Law",
  "definition": "An individual appointed by the U.S. Trustee or bankruptcy court to administer a bankruptcy estate, representing the interests of the creditors. The trustee's duties include collecting and liquidating the debtor's non-exempt assets and distributing the proceeds to creditors. They also investigate the debtor's financial affairs.",
  "url": "https://mlchart.com/terminology/law/bankruptcy-trustee/"
}

Record 472 of 5,445 in Law terminology (MLC-0107). Request the full dataset.