Submitted by Erik Clark on Thu, 10/25/2012 - 11:54am
When I started my career, I began accompanying clients to the Meeting of Creditors that is part of every bankruptcy case. It was during one of those meetings that I came upon a Chapter 7 Trustee by the name of Steven Smith. Mr. Smith would start every meeting with a story designed to put the bankruptcy process into the proper perspective for those going through it.
Whether you file for chapter 7 or chapter 13 bankruptcy a Trustee is appointed in your case to ensure the integrity of the bankruptcy system. The role of the trustee differs depending on the type of bankruptcy filed.