- interim receiver
If it is shown to be necessary for the protection of the debtor's property, the court may at any time after the presentation of the petition and before the making of the bankruptcy order, either on the application of the debtor or a creditor, appoint the Official Receiver as interim receiver. An interim receiver is appointed in respect of an individual debtor's affairs. Like a provisional liquidator, his role is primarily to protect the debtor's estate.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Look at other dictionaries:
interim receiver — A person appointed by the Court to be a watchdog regarding the assets of a debtor during that time between the application to the Court for a Receiving Order and the time where the Receiving Order is handed down. An Interim Receiver may also be… … Glossary of Bankruptcy
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Official Receiver — index assessor Burton s Legal Thesaurus. William C. Burton. 2006 official receiver … Law dictionary
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