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

A bankruptcy trustee and a bankruptcy lawyer both have important roles in bankruptcy proceedings. However, they have different responsibilities. A bankruptcy trustee is an individual appointed by the court to oversee and manage the assets of a debtor filing for bankruptcy. The trustee’s main responsibilities are to review the debtor’s documents, verify the debtor’s income and assets, and review the debtor’s budget. It is the trustee’s responsibility to ensure that the debtor’s assets are fairly distributed to the creditors. A bankruptcy lawyer is an attorney who specializes in the law of bankruptcy. A bankruptcy lawyer can provide legal advice and representation to individuals and businesses filing for bankruptcy. The lawyer will work with the debtor to ensure that they understand their rights and obligations as set out in the bankruptcy proceedings. The lawyer is also responsible for preparing the paperwork and filing it with the court. The differences between a bankruptcy trustee and a bankruptcy lawyer are important to understand in Washington. The trustee oversees the assets of the debtor and makes sure that creditors are paid, while the lawyer is responsible for providing legal advice and representation for the debtor. The trustee and the lawyer both have important roles to play in the process and can work together to ensure that the debtor’s assets are distributed fairly.

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

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