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Subchapter V Task Force Report and Recommendations

Bankruptcy Code

Topics

Assignment for the Benefit of Creditors vs. Receivership vs. Subchapter V vs. Chapter 7

Bankruptcy Code

Topics

Creditors' Committee

Courts May Create Trust Accounts to Pay Sub V Trustees and Other Admin Expenses

The court can’t require a debtor to give a ‘retainer’ to a Subchapter V trustee, Judge Pearson says.

Court :

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