2010 Code of Virginia
Chapter 9 - Assignments for Benefit of Creditors (55-156 thru 55-167)
55-166 - Termination of assignment by court.

§ 55-166. Termination of assignment by court.

The court may, at any time, upon complaint that the terms of the assignment are not being fairly observed, order the debtor and trustee to appear before the court at such time as it may designate and the court may, if the evidence justifies, or, in its discretion, declare the assignment null and void. When such action is taken by the court a written notice shall be sent forthwith to all persons named in the assignment.

The court may on its own motion revoke the assignment whenever it feels that the ends of justice are not being attained.

When the assignment has been fully complied with, the court shall discharge the trustee and notify the employer of the debtor, if there is one, that the debtor is from thenceforth entitled to receive his entire salary, wages or income direct.

(1936, p. 524; Michie Code 1942, § 5278i.)

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