bankruptcy trustee

noun

Definitions of bankruptcy trustee

an insolvency practitioner whose job is to take control of the bankruptcy estate, sell the assets and distribute the proceeds to creditors

His bankruptcy trustees gave notice that he would leave the multimillion-pound property in September.

an insolvency practitioner appointed in all US Chapter 7 and Chapter 13 cases whose job is to take control of the bankruptcy estate, sell the assets and distribute the proceeds to creditors

The bankruptcy trustee said that $6.7 billion will be returned to about 26,000 customers.