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Bankruptcy
The WestFar EastModern insolvency legislation and debt restructuring practicesFraudIn the United StatesChaptersIn CanadaDuties of trusteesCreditors meetingsConsumer proposals in CanadaIn EuropeIn the United KingdomIn the Netherlands
The WestFar EastModern insolvency legislation and debt restructuring practicesFraudIn the United StatesChaptersIn CanadaDuties of trusteesCreditors meetingsConsumer proposals in CanadaIn EuropeIn the United KingdomIn the Netherlands
Duties of trustees
Some of the duties of the trustee in bankruptcy are to:* Review the file for any fraudulent preferences or reviewable transactions
* Chair meetings of creditors
* Sell any non-exempt assets
* Object to the bankrupt's discharge
* Distribute funds to creditors