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What is the role of a Georgia bankruptcy trustee?
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A Georgia bankruptcy trustee handles several aspects of a bankruptcy case. The exact jobs of a trustee depend on the case. A trustee can generally be seen as someone who looks over the entire case to make sure justice is served.
Georgia Bankruptcy Trustees
The trustee is appointed by the court. A trustees primary role is to represent the interests of creditors in your bankruptcy case. The trustee also has the duty, in Chapter 13 cases, to make sure the debtor's repayment plan is dealt with smoothly to the extent possible.
In a Chapter 7 proceeding, a trustee's role is not extensive. If there are assets involved in the case that must be liquidated, the trustee must handle the liquidation and distribution of money to creditors in the case. Many Chapter 7 cases do not involve liquidation.
A trustee will participate in the meeting of creditors to the extent needed. If there is evidence of fraud in a bankruptcy case, the trustee has the discretion to deny discharge of some or all of the claimed debts.
Getting Legal Help
If you are considering filing for personal bankruptcy, it is important that you get help from an experienced bankruptcy attorney who knows the law and the judicial system well. Because of an attorney's expertise, he or she will be able to get you in and out of the process with care and ease, making sure you get the best result and your case is thoroughly handled.