Trustee normally takes in excess of: Once your petition is submitted, a court docket-appointed bankruptcy trustee will get started running the procedure.Disclaimer: NerdWallet strives to keep its facts precise and current. This info can be diverse than what you see once you take a look at a financial institution, assistance supplier or precise prod
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If your bankruptcy filing includes a repayment approach, the trustee will oversee the prepare in addition. The bankruptcy trustee also monitors your obligation to file a tax return and yearly fiscal statements.Precisely 60 days following the Assembly of creditors, an Purchase of Discharge is issued via the Bankruptcy Court. Which, in simple words,