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

The trustee is an important part of the Chapter 13 Bankruptcy process in West Virginia. The role of the trustee is to act as a mediator between creditors, debtors, and the court. The trustee is responsible for reviewing the debtor’s petition and assessing whether or not the debtor is eligible for Chapter 13 Bankruptcy. The trustee will also review the debtors proposed repayment plan and make sure that the plan meets the requirements of the bankruptcy law. The trustee also acts as the representative of the creditors in Chapter 13 Bankruptcy, safeguarding their interests in the proceedings. The trustee works to ensure that the creditors receive a portion of what is owed to them. They review the proposed repayment plan and make sure it is feasible and fair to all parties involved. In addition, the trustee distributes payments to creditors that are made under the bankruptcy plan. They disburse payments to creditors according to the terms of the repayment plan, and will stop payment if the debtor fails to adhere to the terms. The trustee will also review any changes to the repayment plan and make sure they are in line with the bankruptcy laws of West Virginia. In short, the trustee in Chapter 13 Bankruptcy is responsible for ensuring that the bankruptcy process is fair to all parties and that payments are disbursed according to the terms of the repayment plan. They act as a mediator and representative between debtors and creditors, and work to protect the interests of all parties involved.

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