Bankruptcy Trustee – Chapter 7 and Chapter 13

When a person files bankruptcy there are two (2) Trustees involved in the bankruptcy process. One is the United States Trustee who is employed by the United States Department of Justice, and the other is a local attorney appointed by the bankruptcy court to oversee the bankruptcy proceedings and protect the creditors.

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What are Bankruptcy Exemptions?

When you file bankruptcy the Trustee may sell your property (real or personal) to pay some or all of your unsecured debts. However, both state and federal law provides certain exemptions which protect your property. For more information consult with a Chattanooga bankruptcy lawyer.

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