Section 24A. At any time after a petition in bankruptcy is filed, or a decree of adjudication or an order approving the trustee‘s bond is made, pursuant to the federal Bankruptcy Act of 1898, as amended by the federal Bankruptcy Act of 1938, the bankrupt, trustee, receiver, custodian, referee or any creditor may record a certified copy of such petition, with the schedules omitted, or of such decree or order in the registry of deeds for any county or district wherein the bankrupt owns or has an interest in any land.

Terms Used In Massachusetts General Laws ch. 36 sec. 24A

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Trustee: A person or institution holding and administering property in trust.
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