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District of: Division No. Court No. Estate No. Alberta 02 Calgary B301004437 253004437 FORM 40 Report of Trustee on Proposal (Section 59(1) and paragraph 58(d) of the Act)In the Matter of the Division
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Individuals or organizations who have filed a proposal with a trustee and need to report on the progress of the proposal
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The Form 40 Report of Trustee on Proposal Filed is a document used in bankruptcy proceedings where a trustee reports on the status and details of proposals filed by debtors.
The trustee appointed in the bankruptcy case is required to file the Form 40 Report of Trustee on Proposal Filed.
To fill out the Form 40 Report of Trustee on Proposal, the trustee must provide specific information about the proposal, including details on the debtor's financial status, the proposed plan, and any recommendations regarding the proposal.
The purpose of the Form 40 Report of Trustee on Proposal Filed is to inform the court and interested parties about the trustee's evaluation of the debtor's proposal and to facilitate the court's decision-making process.
The information reported on the Form 40 includes details on the debtor's financial situation, the terms of the proposal, the trustee's assessment, and any objections or recommendations from the trustee.
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