They are appointed by the court to oversee the case and ensure that all parties involved follow the necessary procedures and laws. The trustee acts as a neutral party between the debtor and the creditors, making sure that the interests of both sides are considered and protected.
It is important to note that the trustee is not there to be your advocate or to help you get out of debt. Their main responsibility is to review your financial situation, collect any non-exempt assets, and distribute the proceeds to your creditors. However, a good trustee will also provide guidance and support throughout the bankruptcy process.
The trustee will review your bankruptcy petition and schedules, as well as any other relevant documents, to determine the accuracy of the information provided. They may also request additional documentation and information to verify your financial situation. It is important to be honest and thorough in your disclosures, as any discrepancies or omissions can lead to serious consequences.
