bankruptcy trustee

简明释义

破产受托人

英英释义

例句

1.The bankruptcy trustee is responsible for managing the assets of the debtor.

该破产受托人负责管理债务人的资产。

2.The role of a bankruptcy trustee includes liquidating assets to pay off debts.

一个破产受托人的角色包括变卖资产以偿还债务。

3.A bankruptcy trustee must file a report on the financial status of the bankrupt entity.

一名破产受托人必须提交关于破产实体财务状况的报告。

4.In some cases, the bankruptcy trustee may negotiate settlements with creditors.

在某些情况下，破产受托人可能会与债权人谈判和解。

5.Creditors can contact the bankruptcy trustee to inquire about their claims.

债权人可以联系破产受托人询问他们的索赔情况。

作文

In the realm of financial distress, individuals and businesses may find themselves facing overwhelming debts that they cannot repay. In such situations, bankruptcy becomes a viable option. Bankruptcy is a legal process that allows debtors to eliminate or repay their debts under the protection of the bankruptcy court. A crucial figure in this process is the bankruptcy trustee, whose role is pivotal in ensuring that the bankruptcy process runs smoothly and fairly for all parties involved.The bankruptcy trustee is appointed by the court to oversee the bankruptcy case. This individual acts as an intermediary between the debtor and the creditors, ensuring that the interests of both parties are considered. One of the primary responsibilities of the bankruptcy trustee is to review the debtor's financial situation, which includes examining assets, liabilities, income, and expenses. By conducting a thorough analysis, the bankruptcy trustee can determine the best course of action for the debtor, whether that involves liquidating assets to pay off debts or creating a repayment plan.Moreover, the bankruptcy trustee plays a significant role in protecting the rights of creditors. They ensure that creditors receive fair treatment during the bankruptcy proceedings. This is particularly important because creditors often face losses when a debtor files for bankruptcy. The bankruptcy trustee is responsible for collecting the debtor's non-exempt assets and distributing the proceeds to the creditors according to the priority established by law. This process helps maintain trust in the bankruptcy system, as creditors can see that their interests are being managed by a neutral party.In addition to managing the financial aspects of the bankruptcy case, the bankruptcy trustee also has the authority to investigate any fraudulent activities that may have occurred prior to the bankruptcy filing. If the trustee suspects that the debtor has engaged in fraud, they can take legal action to recover funds for the benefit of the creditors. This investigation is crucial because it helps to uphold the integrity of the bankruptcy process and prevent abuse of the system.Furthermore, the bankruptcy trustee holds meetings with creditors, known as 341 meetings, where the debtor is required to answer questions about their financial situation. These meetings provide an opportunity for creditors to voice their concerns and for the trustee to clarify any issues regarding the debtor's finances. This transparency is essential for building trust among all parties involved in the bankruptcy case.In conclusion, the role of the bankruptcy trustee is indispensable in the bankruptcy process. They serve as a bridge between debtors and creditors, ensuring that the proceedings are conducted fairly and transparently. By managing the distribution of assets, investigating potential fraud, and facilitating communication between parties, the bankruptcy trustee helps to uphold the integrity of the bankruptcy system. Understanding the function of a bankruptcy trustee is crucial for anyone navigating the complexities of bankruptcy, as they play a vital role in determining the outcome of the case and the future financial stability of the debtor.

在财务困境的领域中，个人和企业可能会发现自己面临无法偿还的巨额债务。在这种情况下，破产成为一个可行的选择。破产是一个法律程序，允许债务人在破产法庭的保护下消除或偿还债务。在这个过程中，一个关键人物是破产受托人，其角色在确保破产程序顺利和公平进行方面至关重要。破产受托人由法庭任命，负责监督破产案件。这个人充当债务人与债权人之间的中介，确保双方的利益得到考虑。破产受托人的主要职责之一是审查债务人的财务状况，包括检查资产、负债、收入和支出。通过进行彻底的分析，破产受托人可以确定债务人的最佳行动方案，无论是清算资产以偿还债务，还是制定还款计划。此外，破产受托人在保护债权人权利方面也发挥着重要作用。他们确保债权人在破产程序中得到公平对待。这一点尤其重要，因为债权人在债务人申请破产时往往面临损失。破产受托人负责收集债务人的非豁免资产，并根据法律规定的优先级将收益分配给债权人。这个过程有助于维护破产制度的信任，因为债权人可以看到他们的利益由中立方管理。除了管理破产案件的财务方面，破产受托人还有权调查破产申请前可能发生的任何欺诈活动。如果受托人怀疑债务人参与了欺诈，他们可以采取法律行动为债权人追回资金。这项调查至关重要，因为它有助于维护破产程序的完整性，防止系统的滥用。此外，破产受托人还与债权人举行会议，称为341会议，债务人必须回答有关其财务状况的问题。这些会议为债权人提供了表达关切的机会，也让受托人澄清有关债务人财务的问题。这种透明性对于建立所有参与破产案件的各方之间的信任至关重要。总之，破产受托人的角色在破产过程中不可或缺。他们作为债务人与债权人之间的桥梁，确保程序的公正和透明。通过管理资产分配、调查潜在欺诈和促进各方之间的沟通，破产受托人有助于维护破产制度的完整性。理解破产受托人的功能对于任何正在应对破产复杂性的人来说至关重要，因为他们在决定案件结果和债务人未来财务稳定性方面发挥着重要作用。