trustee in bankruptcy

简明释义

破产财产管理人

英英释义

例句

1.Creditors must submit their claims to the trustee in bankruptcy 破产受托人 for consideration.

债权人必须向trustee in bankruptcy 破产受托人提交他们的索赔以供考虑。

2.The court appointed a trustee in bankruptcy 破产受托人 to oversee the distribution of assets.

法院任命了一位trustee in bankruptcy 破产受托人来监督资产的分配。

3.The trustee in bankruptcy 破产受托人 filed a report detailing the financial status of the bankrupt entity.

该trustee in bankruptcy 破产受托人提交了一份详细说明破产实体财务状况的报告。

4.The trustee in bankruptcy 破产受托人 arranged a meeting with all creditors to discuss the repayment plan.

该trustee in bankruptcy 破产受托人安排了一次与所有债权人的会议，以讨论还款计划。

5.As a trustee in bankruptcy 破产受托人, he is responsible for liquidating the debtor's assets.

作为一名trustee in bankruptcy 破产受托人，他负责清算债务人的资产。

作文

In the realm of financial distress and insolvency, the term trustee in bankruptcy holds significant importance. A trustee in bankruptcy is an individual or entity appointed by a court to manage the assets of a debtor who has declared bankruptcy. The role of this trustee is critical in ensuring that the bankruptcy process is conducted fairly and transparently, and that the rights of both creditors and debtors are respected. Understanding the function and responsibilities of a trustee in bankruptcy can provide insights into the complex nature of bankruptcy proceedings and the protection of financial interests.When a person or business files for bankruptcy, they often find themselves overwhelmed by debts that they cannot repay. In such cases, the court steps in to oversee the process, and this is where the trustee in bankruptcy comes into play. The trustee's primary responsibility is to gather and liquidate the debtor's non-exempt assets, which are then distributed among the creditors. This process ensures that creditors receive a fair share of what they are owed, while also providing the debtor with a fresh start.The appointment of a trustee in bankruptcy is typically mandated by the bankruptcy code, which outlines the legal framework for bankruptcy proceedings. The trustee is usually a licensed professional, often with a background in finance or law, who has the expertise to navigate the complexities of bankruptcy cases. Their duties include reviewing the debtor's financial records, conducting meetings with creditors, and making recommendations to the court regarding the discharge of debts.One of the key functions of a trustee in bankruptcy is to assess the debtor's financial situation comprehensively. This involves examining income, expenses, assets, and liabilities to determine the best course of action. If the debtor has valuable assets, the trustee may choose to sell them to pay off creditors. Conversely, if the debtor has little to no assets, the trustee may recommend a Chapter 7 bankruptcy, which typically leads to the discharge of most debts without any payment to creditors.Moreover, the trustee in bankruptcy also plays a vital role in protecting the interests of creditors. They must ensure that all creditors are treated equitably and that no preferential treatment is given to any single creditor over others. This impartiality is crucial in maintaining the integrity of the bankruptcy process and upholding the rule of law.In addition to managing assets and distributing payments, the trustee in bankruptcy also has the authority to investigate any fraudulent activities that may have occurred prior to the bankruptcy filing. If the trustee uncovers evidence of fraud, they can take legal action against the debtor to recover funds for the benefit of the creditors. This aspect of the trustee's role underscores the importance of honesty and transparency in financial dealings.In conclusion, the role of a trustee in bankruptcy is multifaceted and essential to the bankruptcy process. By overseeing the liquidation of assets, ensuring equitable treatment of creditors, and investigating potential fraud, the trustee acts as a guardian of fairness in a challenging financial landscape. For individuals or businesses facing bankruptcy, understanding the function of a trustee in bankruptcy can help demystify the process and highlight the importance of having a knowledgeable professional involved in their case. Ultimately, the presence of a trustee in bankruptcy serves to protect the rights of all parties involved, fostering a more just resolution to financial distress.

在财务困境和破产的领域中，短语trustee in bankruptcy具有重要意义。trustee in bankruptcy是由法院任命的个人或实体，负责管理已申请破产的债务人的资产。这个受托人的角色对于确保破产程序的公平和透明，以及尊重债权人和债务人的权利至关重要。理解trustee in bankruptcy的功能和责任可以提供对破产程序复杂性质的洞察，以及对金融利益的保护。当一个人或企业申请破产时，他们往往会发现自己被无法偿还的债务所压倒。在这种情况下，法院介入监督程序，而这就是trustee in bankruptcy发挥作用的地方。受托人的主要责任是收集和变现债务人的非豁免资产，然后将这些资产分配给债权人。这个过程确保债权人获得应得的公平份额，同时也为债务人提供了一个重新开始的机会。trustee in bankruptcy的任命通常是根据破产法典的规定，该法典概述了破产程序的法律框架。受托人通常是经过许可的专业人士，通常具有金融或法律背景，具备应对破产案件复杂性的专业知识。他们的职责包括审查债务人的财务记录、与债权人进行会议，并向法院提出关于债务解除的建议。trustee in bankruptcy的一个关键职能是全面评估债务人的财务状况。这涉及到检查收入、支出、资产和负债，以确定最佳行动方案。如果债务人有有价值的资产，受托人可能会选择出售这些资产以偿还债权人。相反，如果债务人几乎没有资产，受托人可能会建议进行第七章破产，这通常导致大部分债务的解除，而无需向债权人支付任何款项。此外，trustee in bankruptcy在保护债权人利益方面也发挥着重要作用。他们必须确保所有债权人受到公平对待，且不对任何单一债权人给予优先待遇。这种公正性对于维护破产程序的完整性和遵循法治至关重要。除了管理资产和分配付款外，trustee in bankruptcy还有权调查在破产申请之前可能发生的任何欺诈活动。如果受托人发现欺诈证据，他们可以对债务人采取法律行动，以便为债权人追回资金。这一受托人角色的这一方面强调了在财务交易中诚实和透明的重要性。总之，trustee in bankruptcy的角色多面且对破产程序至关重要。通过监督资产的变现、确保债权人得到公平对待以及调查潜在的欺诈行为，受托人充当了在艰难财务环境中公平的守护者。对于面临破产的个人或企业来说，了解trustee in bankruptcy的功能可以帮助解开这一过程的神秘面纱，并突出拥有一位知识渊博的专业人士参与其案件的重要性。最终，trustee in bankruptcy的存在旨在保护所有相关方的权利，促进财务困境的更公正解决。