If you are considering filing for bankruptcy, you may have questions about the role of the trustee in a bankruptcy case. Whether you file for Chapter 7 or Chapter 13 bankruptcy, your case will be assigned to a trustee. The trustee your case is assigned to generally handles the case to its completion.The attorneys at Simon Resnik Hayes LLP, have worked extensively with bankruptcy trustees throughout the Los Angeles area. We know what trustees require to oversee a successful bankruptcy and can use that knowledge to help you pursue your debt relief goals.Call 888.368.4099 or contact us online for a free consultation. It could be your first step on the road to debt relief.

Who Is the Bankruptcy Trustee?

The bankruptcy trustee is not a government official, but is a private contractor hired by the U.S. Department of Justice. The role of a trustee is different depending upon whether you file for Chapter 7 or Chapter 13 bankruptcy.

  • In a Chapter 7 bankruptcy, the trustee’s primary role is to liquidate the assets that are not protected (“non exempt”) under California law and to distribute the money obtained from the sale among the creditors.
  • In a Chapter 13 bankruptcy, the trustee’s role lasts from the initial filing to the end of the three- to five-year payment plan. He or she will be responsible for collecting your payments and distributing the money to your creditors. The trustee also has the ability to initiate a modification of the payment plan.

The trustee can have a significant impact on your bankruptcy case. It can help your prospects to work with bankruptcy lawyers who fully understand the role of the trustee.

Contact Us

For a free initial consultation about filing for bankruptcy with Simon Resnik Hayes LLP, call 888.368.4099 or contact us online. Our offices are open weekdays from 7:00 a.m. to 7:00 p.m., and we serve clients in the Los Angeles area and San Fernando Valley through offices in Sherman Oaks and Los Angeles.

Se habla español

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.