Chapter 13 Bankruptcy Trustees
If you have chosen to file for Chapter 13 bankruptcy to pay off your debt, it is important that you know the key people you will be dealing with throughout your case. By choosing Chapter 13 bankruptcy, you can achieve debt forgiveness by slowly paying off your debt over a three to five-year period. During this period, the bankruptcy trustee will play a significant role in handling your bankruptcy proceedings and the repayments.
The bankruptcy trustee is the person in charge of overseeing all interactions between the debtor and creditors during the course of the bankruptcy process. To learn more about the bankruptcy trustee or how you can get out of debt through bankruptcy, contact the Raleigh Chapter 13 bankruptcy lawyers of the Bradford Law Offices, PLLC, today at 919-758-8879.
Responsibilities of the Chapter 13 Bankruptcy Trustee
The bankruptcy trustee has to make sure the bankruptcy process goes as smoothly as possible, for both the debtor and the creditors. This includes the following responsibilities:
- Looking over the application and all other bankruptcy documents
- Dealing with all problems that may arise between creditors and debtors
- Making sure creditors receive all payments from debtor in accordance with the plan
To understand more about the trustee’s responsibilities and how it impacts your life, make sure you speak with a skilled legal professional today.
At the Bradford Law Offices, PLLC, we are committed to helping people just like you take legal action and file for bankruptcy so they can get out of debt and start working to rebuild their credit score. For more information about your legal options, contact a Raleigh bankruptcy attorney today at 919-758-8879 and schedule a free consultation.