A bankruptcy trustee has specific powers of _____that allow the trustee to set aside an earlier sale or other transfer of the debtor's property, taking it back as a part of the debtor's estate.

Question

Quizplus · Accepted Answer

The correct term is "avoidance." A bankruptcy trustee has the power of avoidance, which allows them to invalidate certain transactions made by the debtor before the bankruptcy filing, effectively bringing the property or assets back into the bankruptcy estate.

A Bankruptcy Trustee Has Specific Powers of _____That Allow the Trustee