Duties of a Bankrupt: Canada Debt .ca defines Duties of a Bankrupt

Bankruptcy Term Duties of a Bankrupt

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Canada Debt has the definition to the bankruptcy and debt term Duties of a Bankrupt. Finding answers to terms such as Duties of a Bankrupt can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Duties of a Bankrupt in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Duties of a Bankrupt' is used as follows:

Obligations that must be performed by a bankrupt. For example, provide the trustee with a statement of the bankrupt's affairs showing the particulars of his or her assets and liabilities, the name of all his creditors etc