Streamlining Your BankruptcyStreamlining Your Bankruptcy

About Me

Streamlining Your Bankruptcy

I knew that I had hit rock bottom financially when I started making credit card payments with other credit cards. Before I knew it, collectors were contacting me almost hourly, and it started to get really frustrating. I knew that I had to turn things around, which is why I decided to meet with a bankruptcy attorney. My lawyer took the time to listen to my troubles and walk me through the bankruptcy process. He made everything seem much more manageable, which really helped me out. This blog is here to educate other people about how much the right bankruptcy lawyer can help.

Where Does the Trustee Fit Into a Chapter 7 Bankruptcy?

For folks who aren't familiar with the ins and outs of Chapter 7 bankruptcy law, one of the more surprising figures they encounter is the trustee. It's wise to understand what the role of the trustee is and how they fit into the process. Preserving Value A trustee's mandate is to see that the creditors get as much of what the petitioner owes to them as possible. This isn't quite the same as a responsibility to defend the creditors' interests because that is up to the creditors and whichever attorneys they might hire. Read More