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OptimusLaw® Bankruptcy Law Help Center Home
What Is Bankruptcy?
Should I File For Bankruptcy?
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What Is The Difference Between Chapter 7 And Chapter 13?
Which Chapter Of The Bankruptcy Code Is Right For You?
Are You Eligible For Chapter 13?
What Are The Advantages Of Filing Under Chapter 7?
What Are The Advantages Of Filing Under Chapter 13?
Considerations For Business Owners
What Is Involuntary Bankruptcy?
Where Should I File For Bankruptcy?
What Are The Negative Effects Of Filing Bankruptcy?
What Will It Cost To File Bankruptcy?
Will I Lose My Home, Car Or Other Property If I File For Bankruptcy?
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Will All Of My Debts Be Discharged In A Chapter 7 Bankruptcy?
How Long Will It Take To Complete A Chapter 13 Bankruptcy?
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Appointing A Trustee

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Appointing A Trustee

The bankruptcy court will appoint a representative who exercises statutory powers over the debtor's bankruptcy estate, principally for the benefit of the unsecured
creditors, under the general supervision of the court and the direct supervision of the U.S. trustee or bankruptcy administrator.

The trustee is a private individual or corporation appointed in all chapter 7, chapter 12, and chapter 13 cases and some chapter 11 cases. The trustee's responsibilities include reviewing the debtor's petition and schedules and bringing actions against
creditors or the debtor to recover property of the bankruptcy estate. In chapter 7, the trustee liquidates property of the estate, and makes distributions to creditors. Trustees in chapter 12 and 13 have similar duties to a chapter 7 trustee and the additional responsibilities of overseeing the debtor's plan, receiving payments from debtors, and disbursing plan payments to creditors.

Where can I get legal advice about my Bankruptcy issue or case?

If you have a Bankruptcy Law issue or case and want legal advice for your specific situation, call the law firm below to schedule an initial consultation. 


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