What is the difference between a bankruptcy trustee and a bankruptcy lawyer?

A bankruptcy trustee and a bankruptcy lawyer have different roles when it comes to filing bankruptcy in California. A bankruptcy trustee is a court-appointed individual who is responsible for managing the assets and debt of a bankruptcy case. The trustee will review the case and make sure that all creditors have a chance to get paid. They will also be responsible for distributing any assets of the bankruptcy estate to creditors as permitted by the Bankruptcy Code. A bankruptcy lawyer is an attorney who specializes in bankruptcy law. They will help the debtor and creditors to understand the bankruptcy process and to represent them in the bankruptcy court. The lawyer will work with the trustee to make sure that all creditors are being treated fairly and that the debtor complies with the Bankruptcy Code. The lawyer will provide advice and legal representation to the debtor. In summary, the main difference between a bankruptcy trustee and a bankruptcy lawyer is that a trustee is responsible for managing the assets and debt of the bankruptcy case, while the lawyer is responsible for providing legal advice to the debtor and creditors and representing them in the bankruptcy court. Both roles are important in the bankruptcy process in California.

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What is the difference between a bankruptcy trustee and a bankruptcy lawyer?

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