In a Chapter 7 Bankruptcy ("Liquidation") the Trustee collects and sells non-exempt property, protects the funds from the sale of those assets, and distributes the balance to the owed creditors.
The Chapter 7 Trustee appointed in the case does not represent the debtor and cannot provide legal advice to any party.
David Birdsell, Bankruptcy Trustee © 2023. All Rights Reserved.
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