NAICS Code 541110-20 - Referees In Bankruptcy

Marketing Level - NAICS 8-Digit

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NAICS CODE 541110-20
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NAICS Code 541110-20 Description (8-Digit)

Referees in Bankruptcy are professionals who are appointed by the court to oversee bankruptcy cases. They act as neutral third parties and are responsible for making decisions related to the bankruptcy process. Referees in Bankruptcy are typically lawyers with expertise in bankruptcy law and are appointed to cases by the court. They are responsible for ensuring that the bankruptcy process is fair and equitable for all parties involved, including creditors and debtors. Referees in Bankruptcy may also be responsible for mediating disputes between parties and making recommendations to the court.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 541110 page

Tools

Tools commonly used in the Referees In Bankruptcy industry for day-to-day tasks and operations.

  • Bankruptcy software
  • Legal research databases
  • Document management software
  • Financial analysis tools
  • Case management software
  • Electronic filing systems
  • Court reporting software
  • Accounting software
  • Communication tools (e.g. email, phone, video conferencing)
  • Data analysis tools

Industry Examples of Referees In Bankruptcy

Common products and services typical of NAICS Code 541110-20, illustrating the main business activities and contributions to the market.

  • Bankruptcy trustee
  • Bankruptcy attorney
  • Debt counselor
  • Credit counselor
  • Financial advisor
  • Foreclosure specialist
  • Debt collector
  • Credit analyst
  • Bankruptcy mediator
  • Bankruptcy consultant

History

A concise historical narrative of NAICS Code 541110-20 covering global milestones and recent developments within the United States.

  • The "Referees In Bankruptcy" industry has a long history dating back to the early 19th century when the first bankruptcy laws were enacted in the United States. The role of referees in bankruptcy was established to oversee the bankruptcy process and ensure that it was conducted fairly and efficiently. Over the years, the industry has undergone significant changes, including the introduction of new bankruptcy laws and regulations, the development of new technologies to streamline the bankruptcy process, and the expansion of the industry to include a wider range of services. In recent years, the industry has faced challenges due to changes in the economy and the legal landscape, but it has continued to adapt and evolve to meet the needs of its clients. In the United States, the "Referees In Bankruptcy" industry has a more recent history, dating back to the 1970s when the Bankruptcy Reform Act was passed. This legislation established the role of bankruptcy referees and provided a framework for the bankruptcy process. Since then, the industry has grown and evolved to meet the changing needs of its clients. In the 21st century, the industry has faced new challenges, including the impact of the global financial crisis and changes in bankruptcy laws and regulations. Despite these challenges, the industry has continued to provide valuable services to its clients and has remained an important part of the legal landscape in the United States.