What is a Bankruptcy Trustee and what does he or she do?Anyone filing bankruptcy in New Jersey has a trustee assigned to their case. Find out what they do and why they are not on your side.
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What is a Bankruptcy Trustee?
A bankruptcy trustee is someone appointed by the U.S. Trustee's Office to administer your bankruptcy on behalf of creditors. Usually an attorney or an accountant, he or she is not a judge, but someone who represents the best interests of creditors.
For this reason the trustee is not on your side, does not look out for you, and as such, you should have an attorney as your own advocate. What a trustee does depends upon the type of bankruptcy you are in. Find out more about how this makes a difference.
A trustee also conducts a meeting with the debtor about 30-45 days after the bankruptcy petition is filed to ask the debtor questions under oath about his or her financial situation and the content of the petition.
Interacting with a bankruptcy trustee in the course of a bankruptcy is involved and should not be taken on lightly.
So What Do I Do?
If you live in southern New Jersey and are considering filing bankruptcy, please feel free to call me at 856-432-4113 or contact me through this site for a free consultation in my Woodbury office to discuss your case.
Richardson Law Offices serves New Jersey, including:Gloucester, Camden, Burlington, Salem, Cumberland and Atlantic Counties and surrounding New Jersey communities, including Woodbury, Colonial Manor, North Woodbury, Woodbury Heights, Deptford, Thorofare, Gloucester City, Washington Township, Blackwood, Brooklawn, Westville and Pitman.