Role of Bankruptcy Trustee

A bankruptcy trustee is a person appointed by the court to oversee the bankruptcy process. Their role includes reviewing the debtor's financial situation, managing the sale of assets to pay creditors, and ensuring that the bankruptcy laws are followed. The trustee also evaluates creditor claims and may investigate any potential fraud. Essentially, the trustee acts as a mediator between the debtor and creditors, working to ensure an orderly and fair resolution of debts while protecting the interests of all parties involved.