Will the court appoint a trustee to supervise my case when filing for Chapter 7 Bankruptcy?

Yes, the court will appoint a trustee to supervise your Chapter 7 Bankruptcy case in Illinois. A Chapter 7 Bankruptcy trustee is a court-appointed official who is in charge of administering the case and in charge of collecting and distributing any assets from the bankruptcy estate. The trustee is responsible for ensuring that creditors are paid as much as possible and will investigate the debtor’s financial situation to make sure all facts and figures are accurate. The trustee will also attend the creditors’ meeting during the bankruptcy process, as well as the 341 meeting of creditors. The trustee is also responsible for filing the Final Report and Decree of Discharge with the bankruptcy court. In some cases, the trustee may decide to liquidate certain assets of the debtor to help pay creditors. The trustee’s job is to ensure that all creditors are paid as much as possible from the available assets and to make sure that all rules and regulations surrounding the bankruptcy proceedings are followed.

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Will the court appoint a trustee to supervise my case when filing for Chapter 7 Bankruptcy?

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