Glossary

List of glossary items

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  • Creditors meeting (meeting of creditors)

    A meeting of the creditors of a debtor or bankrupt that is convened by the controlling trustee or trustee so that certain issues can be put to creditors for their consideration and a vote.

  • Custody and control order

    An order made by the court that allows the Official Trustee in Bankruptcy to take custody and control of property covered by a restraining order, until further orders are made. The order can be made in relation to property that is believed to have been obtained using the proceeds of criminal activity.

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    Official Trustee in Bankruptcy (OT)

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