In order that debts may be set off, they must be due respectively in the same right1; and, therefore, debts due to or from executors personally cannot be set off against debts due from or to them in their capacity as executors2, nor may debts due to or from a trustee in bankruptcy personally be set off against debts due from or to the bankrupt3. Where a creditor has received money since the bankruptcy which, on its receipt, belongs in equity to the trustee in bankruptcy, he
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234