October 2010

Chapter 24 Receiver and Manager

Introduction

24.1 Introduction

This chapter provides details of the official receiver’s powers and responsibilities as receiver and manger on the making of a bankruptcy order. The chapter also provides advice on the actions needed to identify and protect the bankrupt’s estate.

The chapter is divided into parts as follows:

Part 1 - Appointment as receiver and manger (paragraphs 24.2 to 24.7)

Part 2 - Duties and powers of the official receiver as receiver and manager (paragraphs 24.8 to 24.14)

Part 3 - Initial actions on the making of a bankruptcy order (paragraphs 24.15 to 24.27)

Part 4 - Protecting the estate, initial notices and actions (paragraphs 24.28 to 24.53)

Part 5 - Trading bankrupt (paragraphs 24.54 to 24.66)

Part 6 - Non surrender and non co-operation cases (paragraphs 24.67 to 24.74)

Part 7 - Family Home (paragraphs 24.75 to 24.77)

Part 8 - Freehold and/or leasehold property, sale or notice to elect (paragraph 24.78 to 24.91)

Part 9 - Tenanted property owned by the bankrupt (paragraphs 24.92 to 24.95)

Part 10 - Other legal proceedings (paragraph 24.96 to 24.100)

Abbreviations used

ICON – Initial contact form

Further information

None

[Onto Part 1 - Appointment as receiver and manger]