trustee
Term · Law · MLC-T-LAW-000224
In a bankruptcy case, a person appointed to represent the interests of the bankruptcy estate. The trustee’s responsibilities may include liquidating the property of the estate, making distributions to creditors, and bringing actions against creditors or the debtor to recover property of the bankruptcy estate. For information on how trustees work in different chapters, see "Bankruptcy Basics."
| Identifier | MLC-T-LAW-000224 |
|---|---|
| Field | Law |
| References | U.S. Courts Glossary of Legal Terms |
Record as JSON
{
"id": "MLC-T-LAW-000224",
"term": "trustee",
"field": "Law",
"definition": "In a bankruptcy case, a person appointed to represent the interests of the bankruptcy estate. The trustee’s responsibilities may include liquidating the property of the estate, making distributions to creditors, and bringing actions against creditors or the debtor to recover property of the bankruptcy estate. For information on how trustees work in different chapters, see \"Bankruptcy Basics.\"",
"references": [
"U.S. Courts Glossary of Legal Terms"
],
"url": "https://mlchart.com/terminology/law/trustee/"
}
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