Fremont Bankruptcy: The Language of Bankruptcy, the Letter T

With bankruptcy, there is paperwork and with paperwork there are terms.  Here are some bankruptcy terms beginning with the letter "T":

Transfer is to legally change ownership or rights to something of value.

Trustee is a court-appointed third party in a bankruptcy case who holds and manages the assets of the debtor for his or her creditors. Not to be confused with a United States Trustee.

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