A trash bag securing system having a plastic liner; the plastic liner inserted into the trash receptacle and placed over the at least one sidewall; a single elastic cord having a first end and a second end and which culminates in at least one knot. The at least one knot anchors the elastic cord to the receptacle. The at least one knot is a stopper at either the first end or the second end of the elastic cord and positioned on the outer surface of the least one sidewall. The elastic cord is inserted into the at least one opening and sized and positioned to fit around the outer rim of the outer surface of the at least one sidewall and over the plastic liner such to secure the plastic liner to the receptacle. The elastic cord may also be further configured to act as a handle.