A bankruptcy trustee plays an important role in the bankruptcy process. A trustee is a person appointed by a court to administer and handle a bankruptcy proceeding. The term trustee can be misleading because trustees aren’t there to act as custodians or protectors of people who file for bankruptcy. 

In fact, trustees are responsible for ensuring that debtors pay back their creditors, which means they may not always have your best interests at heart. If you’re going through a bankruptcy process, it’s important to understand what role your trustee will play and how they might affect your case.

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The role of a trustee during bankruptcy can differ depending on how far along your case is. Once a meeting has been held with your creditors and a trustee has been assigned, they will then play an important role throughout your case. 

For example, if you have assets that need to be liquidated (such as real estate or vehicles), a trustee will handle these sales for you. They are also responsible for managing any funds that come into your possession while going through bankruptcy.

Your trustee will work closely with you throughout this process, answering any questions you might have along the way so that when we're done filing, you'll understand everything there is to know about this option. When we've filed everything electronically with the Office of the Superintendent of Bankruptcy (OSB), things officially kick off—your bankruptcy protection begins.

Once this step has been completed, notify your creditors and provide them with what they need to stop calling you - including documents for filing; if needed, settle claims or negotiate a proposal. Throughout this entire process, ensure that you complete what's required - including completing credit counselling sessions before applying for discharge which eliminates these debts.

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