Rule 4:53-6.Partnership receivers and liquidating trustees

Last amended September 1, 1994 · Current through June 18, 2026 · Last verified July 7, 2026

In one sentenceRule 4:53-6 requires a partnership receiver or liquidating trustee to notify creditors and file a list of claims at the end of three months from appointment, and lets any interested party except to a claim's allowance.

Full Text of Rule 4:53-6

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Receivers appointed or directed to wind up the affairs of a partnership or pay its debts, and trustees in liquidation of trust estates, shall give notice of their appointment and notice to creditors to present their claims; and unless otherwise ordered by the court, the notices shall be similar to the notices required to be given by assignees by N.J.S. 2A:19-8 and published and mailed in the same manner. Except as otherwise ordered by the court, the receiver or trustee shall, at the expiration of 3 months from the time of appointment, file a list of the claims presented and proved; and the receiver or trustee, or any creditor or other person interested, may except to the allowance of the whole or any part of any claim presented, of which exception notice shall be given to the claimant, and thereupon such order shall be taken for adjudication upon the claim as the court directs. Unless otherwise directed by the court, this rule does not apply to receivers directed to continue a partnership business.

End

Amendment History

New Jersey publishes each rule’s amendment record in a “History” note beneath the rule. It is reproduced verbatim below; the “R.R.” citations refer to the former Revised Rules numbering the current rules replaced.

Source-R.R. 4:68-7; amended July 13, 1994 to be effective September 1, 1994.

Plain-English Summary

Winding up a partnership or a trust estate runs on a notice-and-claims process. The receiver or trustee gives notice of the appointment and calls on creditors to present their claims, generally following the same publication and mailing rules that apply to assignees for the benefit of creditors, and files a list of the claims presented and proved within three months of appointment.

From there, the receiver or trustee, or any interested creditor or other person, can except to allowing all or part of a claim, with notice going to the claimant and the court deciding how the dispute gets resolved. The rule steps aside, though, for a receiver directed to keep the partnership's business running rather than wind it down.

Frequently Asked Questions

What must a partnership receiver do with creditor claims?

Give notice to creditors to present their claims and, within three months of appointment, file a list of the claims presented and proved.

Can someone challenge a claim allowed against a receivership estate?

Yes. The receiver or trustee, or any interested creditor or other person, may except to the allowance of all or part of a claim.

Source & verification. The rule text and amendment history are reproduced verbatim from the official New Jersey Rules of Court (N.J. Ct. R. 4:53-6). Prescribed by the Supreme Court of New Jersey (N.J. Const. art. VI, § 2, ¶ 3). The plain-English summary is original and written by us. Last verified July 7, 2026. · Official source

Also known as: partnership receivership claimsliquidating trustee notice