A bankruptcy trustee is a court appointed individual, in charge of ensuring maximal assets are distributed to the debtor’s creditors.
The trustee analyzes the debtor’s bankruptcy petition, in order to ensure the financial details included in the petition are accurate. The trustee conducts a hearing while the debtor is under oath, as the trustee asks the debtor questions about the financial details they have provided.
View further detailed information about the role of a bankruptcy trustee here.
Chapter 7 bankruptcy offers individuals the chance to embark on a fresh financial start. When a Chapter 7 bankruptcy case is discharged, your debts will be eliminated.