Stage 5 – Appointment of Trustee – The federal bankruptcy court will appoint a trustee to handle the administrative tasks related to your situation. The trustee opinions the bankruptcy petition manages the bankruptcy estate and oversees the sale of any assets to pay for credito

A report via the Federal Reserve Financial institution of Philadelphia found that just one-third of Chapter 13 bankruptcy cases bring about discharge. This figure originates from many research in various districts through the entire U. When contemplating no matter if to file for bankrup