§ 7312 — Petitioner’s assignment in trust for creditors on discharge

Delaware § 7312

• Jurisdiction: Delaware
• Title: 10
• Part: Special Proceedings
• Ch. 73: INSOLVENCY
• Subch.: Proceedings for Discharge

Text

The petitioner shall also, before an order for his or her discharge, execute a deed of assignment, to a trustee, or trustees, appointed by the Court. Such deed shall be endorsed upon, or annexed to the petition, and shall be according to the following form:

“I ________________________ do grant and assign to ______________________________________________ their heirs and assigns, as joint tenants, upon trust for all my creditors, all my lands, tenements, hereditaments, goods, chattels, rights, credits, and real and personal estate, of every nature and description, wheresoever situate or being.

Witness my hand and seal the ________________________ day of ________________________ A.D. 20____________

Signed, sealed, and delivered, ____________________________ LS.”

in open court, before

If 1 trustee only be appointed, the deed may be adapted to the case.

Legislative History

Code 1852, § 2699; Code 1915, § 4623; Code 1935, § 5081; 10 Del. C. 1953, § 7312; 70 Del. Laws, c. 186, § 1