Revised Laws of Saint Lucia (2021)

CHAPTER 4
BANKRUPTCY OF DECASED DEBTORS

621.   Administration in bankruptcy of estate of debtor dying insolvent

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    (1)   Any creditor of a deceased debtor whose debt would have been sufficient to support a bankruptcy petition against such debtor, had he or she been alive, may present to the Court a petition in the prescribed form praying for an order for the administration of the estate of the deceased debtor, according to the law of bankruptcy.

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    (2)   If after inquiry the Court is of opinion that the estate will not suffice to pay the debts owing by the deceased, it may make an order for the administration of the deceased debtor's estate.

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    (3)   Upon such order being made as aforesaid, the property of the debtor shall vest in the Administrator General, and he or she shall forthwith proceed to realise and distribute such property.

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    (4)   If, after payment in full of all debts together with the costs of the administration, any surplus remains in the hands of the Administrator General, he or she shall distribute such surplus among the heirs or legatees in such manner as the Court may prescribe.

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    (5)   Subject as aforesaid the provisions of this Title shall apply so far as applicable to the case of an administration order under this article.