{"id":13921,"date":"2020-04-15T15:26:24","date_gmt":"2020-04-15T22:26:24","guid":{"rendered":"https:\/\/www.dmv.ca.gov\/portal\/handbook\/vehicle-industry-registration-procedures-manual-2\/transfers\/bankruptcy-sales-trustee-or-receiver\/"},"modified":"2024-03-08T12:12:22","modified_gmt":"2024-03-08T20:12:22","slug":"bankruptcy-sales-trustee-or-receiver","status":"publish","type":"dmv_handbook","link":"https:\/\/www.dmv.ca.gov\/portal\/handbook\/vehicle-industry-registration-procedures-manual-2\/transfers\/bankruptcy-sales-trustee-or-receiver\/","title":{"rendered":"11.010 Bankruptcy Sales-Trustee or Receiver (VC \u00a75909)"},"content":{"rendered":"\n

Bankruptcy Trustee<\/strong>\u2014The person appointed by the bankruptcy court to take charge of the debtor estate, to collect assets, to bring suit on the debtor\u2019s claims, to defend actions against it, and to otherwise administer the debtor\u2019s estate.<\/p>\n\n\n\n

Bankruptcy Receiver<\/strong>\u2014The person appointed by the court to preserve the property of a debtor pending an action against the debtor or applying the property in satisfaction of a creditor\u2019s claim. The receiver represents the court and all parties of interest in a litigation, property, or funds entrusted to that person.<\/p>\n\n\n\n

In addition to the procedures listed in the Basic Transfer Requirements section in this chapter or Chapter 12 for nonresident vehicles, the following must be submitted:<\/strong><\/p>\n\n\n\n

A certified copy of the trustee\u2019s bond, the court order appointing a receiver, or a court order confirming the sale of the vehicle to the applicant must be submitted with the application.<\/p>\n\n\n\n