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What is the relationship between the debtor and their trustee?
The relationship a debtor has with their bankruptcy trustee is often misinterpreted. Contrary to popular belief, the trustee is not hired by the debtor, but rather they are appointed by the court to administer the bankruptcy case.
What is the trustee responsible for?
Ultimately the trustee is responsible for making sure both the debtor and their creditors understand the rules of bankruptcy and follow them. If either the debtor or the creditors do not follow the rules, it is up to the trustee to administer a penalty.
Will a trustee think badly of me?
Absolutely not. A bankruptcy trustee will be impressed that you are prepared to make a change in your life, and will treat you in a delicate and sympathetic manner.
How do I know whether I’ve chosen the right trustee?
Although some people will be lucky, you cannot expect to find the right trustee on the first visit. We suggest setting up a number of consultations with several trustees before making your selection. It is essential that you feel comfortable with your trustee of choice, as you will be spending the next few months of your life with them. Make sure you bring a list of questions with you on each consultation, so that you do not forget any of the questions you may have.
To find a bankruptcy trustee in Burnaby, British Columbia, contact us today. We offer initial consultations free of charge, and will analyze your personal situation to determine the best possible alternative for you.
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