Vesting of Property in Trustee: Canada Debt .ca defines Vesting of Property in Trustee

Bankruptcy Term Vesting of Property in Trustee

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Canada Debt has the definition to the bankruptcy and debt term Vesting of Property in Trustee. Finding answers to terms such as Vesting of Property in Trustee 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. Vesting of Property in Trustee in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Vesting of Property in Trustee' is used as follows:

All property owned by the bankrupt or in which the bankrupt may have a beneficial interest, with certain exceptions, passes on to the trustee in bankruptcy.