Who is the Bankruptcy Trustee?

28 Jun Who is the Bankruptcy Trustee?

Just as with everything involving the Government, there is the Bankruptcy Trustee and there is the Interim Bankruptcy Trustee. The U.S. Trustee is a full-time employee of the U.S. Department of Justice, which is the same federal department in charge of the FBI.

The Interim Trustee is the person assigned to your case. He or she is charged with the duty to administer the case, recover any available assets, and pay unsecured creditors from the proceeds of those assets. In many cases, but not all, this person will be an attorney well-versed in bankruptcy law.

To see what the Trustee does check out “Bankruptcy Basics: What is a Trustee?”, “Bankruptcy in Florida: Who is the United States Trustee?” and “What is the Bankruptcy hearing like?”. To see who the Trustees are in your area click here.

“ConnecticutGene Melchionne is a bankruptcy lawyer covering the entire State of Connecticut. He can often be found on Google+ and Twitter, where he shares information about consumer protection issues and personal finance.

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