Meaning assignment for benefit of creditors
What does assignment for benefit of creditors mean? Here you find 4 meanings of the word assignment for benefit of creditors. You can also add a definition of assignment for benefit of creditors yourself
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assignment for benefit of creditorsn. a method used for a debtor to work out a payment schedule to h...
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assignment for benefit of creditorsA voluntary transfer of a debtor's property into a trust to be used to pay creditors. The trustee collects any income owed the debtor, liquidates the debtor's property that has been transfer [..]
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assignment for benefit of creditorsAssignment for benefit of creditors is a method used for a debtor to work out a payment schedule to his/her creditors through a trustee who receives directly a portion of the debtor's income on a [..]
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assignment for benefit of creditorsn. a method used for a debtor to work out a payment schedule to his/her creditors through a trustee who receives directly a portion of the debtor's income on a regular basis to pay the debtor [..]
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