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2. Trustee in bankruptcy - Wikipedia

   en.wikipedia.org/wiki/Trustee_in_bankruptcy

   In limited circumstances, the creditors involved in a bankruptcy case can elect a trustee. In a Chapter 7 Bankruptcy ("Liquidation") the trustee gathers the debtor's non-exempt property, managing the funds from the sale of those assets, and then paying expenses and distributing the balance to the owed creditors.

3. United States Trustee Program - Wikipedia

   en.wikipedia.org/wiki/United_States_Trustee_Program

   Each United States Trustee, an officer of the Department of Justice, is responsible for maintaining and supervising a panel of private trustees for Chapter 7 bankruptcy cases (see ). The United States Trustee has other duties including the oversight of administration of most bankruptcy cases and trustees (see generally 28 U.S.C. § 586(a)(3) ).

4. Chief restructuring officer - Wikipedia

   en.wikipedia.org/wiki/Chief_restructuring_officer

   A chief restructuring officer (CRO) is a senior officer of a company given broad powers to renegotiate all aspects of a company's finances to deal with an impending bankruptcy or to restructure a company following a bankruptcy filing. The use of CROs, who usually have an expertise in the field of business in which the company operates, has been ...

5. Before You File for Bankruptcy, Consider These 3 Alternatives

   www.aol.com/file-bankruptcy-consider-3...

   Image source: Getty Images. For many years, I was a bankruptcy lawyer. As opposed to when I practiced litigation (suing people and defending lawsuits), bankruptcy was a dream practice.

6. Trustee - Wikipedia

   en.wikipedia.org/wiki/Trustee

   For all bankruptcies (consumer or business) filed under Chapter 7, 12 or 13 of Title 11 of the United States Code (the Bankruptcy Code), a trustee (the "trustee in bankruptcy" or TIB) is appointed by the United States Trustee, an officer of the Department of Justice that is charged with ensuring the integrity of the bankruptcy system and with ...

7. Here’s the Timeline for Social Security Cuts — and What ...

   www.aol.com/timeline-social-security-cuts...

   There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. ... But the most recent Trustees report has the program's trust funds being ...

8. United States bankruptcy court - Wikipedia

   en.wikipedia.org/wiki/United_States_bankruptcy_court

   Bankruptcy courts appoint a trustee to represent the interests of the creditors and administer the cases. The U.S. Trustee [ 3 ] appoints Chapter 7 trustees for a renewable period of 1 year, Chapter 13 trustees are "standing trustees" who administer cases in a specific geographic region.

9. How thousands of Americans got caught in fintech’s ... - AOL

   www.aol.com/news/thousands-americans-got-caught...

   The situation is so tangled that Jelena McWilliams, the former FDIC Chairman now acting as trustee over the Synapse bankruptcy, has said that finding all the customer money may be impossible.