reopening estate

reopening estate
A matter with which bankruptcy courts are expressly invested with jurisdiction, such courts being empowered to reopen closed estates for cause shown, Bankruptcy Act § 2(a) (8); 11 USC § 11(a) (8), as for the administration of assets of substantial value which the bankrupt did not schedule. 9 Am J2d Bankr § 1273. The resumption of administration of a decedent's estate, after an order discharging the executor or administrator and the approval of his final account of distribution, because of the existence of newly discovered assets. 31 Am J2d Ex & Ad § 124. An administration should be reopened to permit prosecution of an action, not barred by limitations, against the estate. Re Miles' Estate, 262 NC 647, 138 SE2d 487.

Ballentine's law dictionary. . 1998.

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