It is the job of the chapter 7 trustee to investigate and assess each case that is assigned to him or her. After looking at the bankruptcy schedules, documents you provide, and his or her independent research, the trustee makes the determination of whether there are assets to administer.
The trustee represents your creditors. If there are any assets or value in what you own, the trustee might try to take these items or offer for you to purchase them back. This is the trustee’s job and the trustee gets paid based on the amount that is collected from you. This gives the trustee an incentive to collect as much as possible from you.
YOUR attorney’s job is to represent you in negotiating with the trustee and clarifying your exemption choices. This is why who you hire as your attorney is so important.
Contact bankruptcy lawyers in Miami today for additional information