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Trustee

Definition

The independent official who handles certain aspects of a bankruptcy case.


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They are in charge of selling any of the debtor’s non-exempt property and distribute the proceeds to the creditors, among other things. The United States Trustee Program oversees the bankruptcy trustees, except for trustees in Alabama and North Carolina. There, a Bankruptcy Administrator oversees the trustees.

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To learn more, read why we started Upsolve in 2016, our reviews from past users, and our press coverage from places like the New York Times and Wall Street Journal.