Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are debtors and trustees considered differently under the Check 21 Act?

April 26, 2017ACT Debtors TRUSTEES

0

Posted

Are debtors and trustees considered differently under the Check 21 Act?

1 Answer

0

Posted

Yes. For the purposes of Check 21, debtors would be considered “consumers” and trustees would be considered “customers.” The distinction is important because it affects each party’s rights and responsibilities under Check 21.