The Bankruptcy Trustee

A bankruptcy trustee is assigned to most bankruptcy cases. The trustee is an independent party, not representing the person who filed for bankruptcy and not representing that person’s creditors. Among other things, the trustee’s job is to ensure that the person who filed for bankruptcy completed all of the necessary paperwork, and provided accurate and truthful information. In a chapter 7 case, the trustee is also tasked with liquidating any non-exempt assets and using those funds to pay creditors. In a chapter 13 case, the trustee is responsible for collecting payments made by a debtor and distributing those payments to creditors. A debtor usually meets the trustee assigned to his or her case at the first meeting of creditors.