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Experienced Chapter 7 Bankruptcy Lawyer Suffolk VA

https://www.DebtFreeVA.com | (757) 482-5705

The Role of the Bankruptcy Trustee in Chapter 7 bankruptcy:

In Chapter 7 bankruptcy, a bankruptcy trustee is appointed to oversee the liquidation of the debtor's non-exempt assets and distribute the proceeds to creditors. The trustee's role is to ensure that the bankruptcy process is fair and efficient for all parties involved. The trustee will review the debtor's assets, financial records, and other relevant information to determine which assets can be liquidated to pay off creditors. The trustee will also conduct a meeting of creditors, where the debtor must answer questions under oath about their financial situation. By working with a bankruptcy attorney, you can navigate the Chapter 7 bankruptcy process and ensure that your rights and interests are protected throughout the process.

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Experienced Chapter 7 Bankruptcy Lawyer Suffolk VA