What is the role of the trustee in Chapter 13 Bankruptcy?

In California, the role of the trustee in Chapter 13 Bankruptcy is to oversee the repayment plan proposed by the debtor. The trustee’s job is to ensure that the debtor’s proposed plan is feasible for both the debtor and their creditors. The trustee acts as a mediator between the debtor and the creditors to ensure that all parties involved are treated fairly and with respect. The trustee is responsible for collecting payments from the debtor, reviewing the proposed repayment plan, and distributing payments to creditors in a timely manner. They also investigate any debts that the debtor may have failed to include in their filing and work to maximize the repayment plan to benefit all parties involved. The trustee will also provide reports to the court and creditors regarding the debtor’s repayment plan. This includes information on the debtor’s income and expenses, amount of payments received, and any changes to the repayment plan. At the end of the repayment plan, the trustee will verify that all eligible debts have been properly paid and will provide the court with a final report. The court will then discharge the debts that have been addressed in the repayment plan. The trustee’s primary role in Chapter 13 Bankruptcy is to ensure that all debts are addressed fairly and that the repayment plan is feasible. They are an important part of the process and serve to secure the wellbeing of all parties involved.

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