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Simple English definitions for legal terms

receiver's certificate

Read a random definition: BIS

A quick definition of receiver's certificate:

A receiver's certificate is a document that proves someone has the right to receive money from a bankruptcy court. It is given out by a receiver and shows that the person holding it is entitled to payment from funds controlled by the court.

A more thorough explanation:

A receiver's certificate is a document issued by a receiver in a bankruptcy case. It serves as proof that the holder of the certificate is entitled to receive payment from funds that are under the control of the bankruptcy court.

For example, if a company goes bankrupt and a receiver is appointed to manage its assets, the receiver may issue certificates to creditors who are owed money by the company. These certificates can then be presented to the court as evidence of the creditor's claim to a portion of the funds that the receiver is managing.

Another example would be in a personal bankruptcy case, where a receiver may issue certificates to individuals who are owed money by the bankrupt person. These certificates can be used to claim a portion of the funds that the receiver is managing on behalf of the bankruptcy court.

Overall, a receiver's certificate is an important document that helps ensure that creditors and other parties who are owed money in a bankruptcy case receive fair treatment and payment from the available funds.

receiver general | receivership estate

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18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
ClassyPleasantHeron
19:23
You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.
19:26
my predict monday berk from earlier td
snow
19:33
Oregon decision rendered…
snow
19:33
Bro why don’t they just tell me lol
damn ive been under review for a month and no movement, when did u apply snow?
snow
19:39
The day apps opened. I still don’t know what the decision is tho lol
Dang. Crossing my fingers for you!!
snow
19:41
Thank you!!
shaquilleoatmeal
19:44
Snow dude wtf you been
snow
19:46
Working! I was prepping for a trial but it got reset!
snow
19:47
Have you don your gulc interview?
JumpySubsequentDolphin
19:47
@snow: snow!!!! I’m in Oregon should I break into admissions office and demand your decision be sent
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