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Who is the bankruptcy trustee?

By Florida Law Advisers, P.A. |

The trustee plays a vital role in most bankruptcy cases. The trustee is an impartial party appointed to administer the case and liquidate the debtor’s nonexempt assets.

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Is there a trustee in both Chapter 7 and Chapter 13 bankruptcy?

By Florida Law Advisers, P.A. |

Yes, a trustee is appointed in both Chapter 7 and Chapter 13 cases. However, the duties of the trustee will vary between the two types of bankruptcy.

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Is the trustee a judge?

By Florida Law Advisers, P.A. |

No, the trustee does not serve in the same capacity as a judge. The trustee will have some authority over the administration of the case but does not have the authority to issue judicial orders.

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What does the trustee do in a Chapter 7 case?

By Florida Law Advisers, P.A. |

The primary objective of the trustee in a Chapter 7 case is to maximize the value of the estate for the benefit of the creditors. For instance, the trustee has a duty to investigate the debtor’s financial affairs to discover funds that may be used to pay creditors.

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