A Trustee in Bankruptcy can issue formal notices under the Bankruptcy Act to persons associated with the bankrupt. A Trustee in Bankruptcy may do this to collect more information about the bankrupt’s financial affairs. A Trustee in Bankruptcy may issue a formal notice under Section 77AA of the Bankruptcy Act to any person who has had financial dealings with the bankrupt.
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Trustee to issue notices to obtain information
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Bankruptcy Glossary & Information
11/07/11