Trustee

The court-appointed representative of the estate who actually administers the estate. A Chapter 7 Trustee is in charge of liquidating the estate. In some Chapter 11 cases, the debtor-in-possession is replaced by a Chapter 11 Trustee who administers the estate. In Chapter 13, there ordinarily is at least one standing trustee in each district to whom all cases under Chapter 13 are assigned.

Disclaimer: This website is intended to provide general information about Bankruptcy Protection. Nothing on chapter11protection.com website should be considered legal or tax advice. Please consult your legal or tax advisor for professional advice. While we endeavor to periodically update the information on this website, chapter11protection.com makes no representation or warranties as to the accuracy, reliability, or completeness of any information on this site.