Bankruptcy Lawyer Hyde Park UT

bankruptcy attorney Hyde Park Utah

What Is a Chapter 7 Bankruptcy Trustee?

A bankruptcy trustee is a third party who oversees the proceedings in a bankruptcy case. They review bankruptcy documents, look for fraud or abuse, and verify financial information. In bankruptcy proceedings, a trustee has a fiduciary duty to the creditors. They must follow strict legal guidelines.


Chapter 7 bankruptcy trustees are individuals who take on the role of liquidators of nonexempt assets on behalf of bankruptcy filers. They are appointed by the United States Trustee, a division of the Department of Justice. To ensure that their job is properly fulfilled, they must undergo a thorough background check and at least a five-year period of experience in the field. They must also be of sound moral character and physically fit to perform their duties.

The job of a Chapter 7 bankruptcy trustee is to sell off the assets of the debtor and distribute the proceeds to the creditors. In addition, the trustee must have proof that the assets are legitimate and owed to creditors. This proof can include invoices, statements, contracts, or other documentation that documents the amount owed. Once the property is sold, the trustee pays each creditor a percentage of the proceeds.


Chapter 7 bankruptcy trustees have a broad range of duties. These include collecting the debt of debtors, selling off nonexempt property, and paying off creditors. A trustee may even take possession of the debtor’s property. Some of the duties that are unique to bankruptcy trustees include:

A trustee will also investigate any claims against the debtor. A trustee will also manage the debtor’s payments and forward them to creditors. The trustee is also the person who decides whether or not the debtor qualifies for Chapter 7 bankruptcy.


Chapter 7 bankruptcy trustees are given specific powers to protect the bankruptcy estate. They can void fraudulent transfers and reclaim property. The trustee can also avoid prepetition transfers of property. However, these powers are only applicable in certain circumstances. These include fraudulent transfers that are made less than a year before the bankruptcy filing.

One of the main duties of a Chapter 7 bankruptcy trustee is to protect the interests of unsecured creditors. This may mean selling non-exempt assets and distributing the proceeds to unsecured creditors. The trustee also has the authority to collect debts from creditors.


If you want to become a Chapter 7 bankruptcy trustee, there are a few things you should know about the job. As a bankruptcy trustee, your job is to investigate a bankruptcy debtor’s assets and liquidate non-exempt assets for creditors. The trustee will need various documents related to assets, such as real estate and car titles, bank and brokerage account statements, and life insurance policies.

As a trustee, you will be tasked with administering the bankruptcy estate of a consumer debtor. This means that your job is to sell assets and distribute the proceeds to creditors. To do this, you will need to submit a Proof of Claim form, which includes documentation, statements, invoices, contracts, and other documents proving the amount of money owed to creditors. Afterward, the trustee will pay each creditor a portion of the proceeds.

If you have any questions, you can get a free consultation with the Best Attorneys in Utah.

Ascent Law LLC:
8833 South Redwood RoadSuite C
West Jordan, UT 84088
(801) 676-5506


When you need a Bankruptcy Lawyer, contact this law firm:

Michael R. Anderson, JD

Ascent Law LLC
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States

Telephone: (801) 676-5506
Ascent Law LLC

4.9 stars – based on 67 reviews

Recent Posts

Real Estate Attorney

Probate Lawyer

Estate Planning Attorney

Child Custody Lawyer

Divorce Lawyer

Business Lawyer

Ascent Law LLC St. George Utah Office

Ascent Law LLC Ogden Utah Office

Directions from Orem Utah to Ascent Law LLC West Jordan Utah

Directions from Holladay Utah to Ascent Law LLC West Jordan Utah

Directions from Vivent Arena Salt Lake City Utah to Ascent Law LLC West Jordan Utah

Hyde Park, Utah

From Wikipedia, the free encyclopedia

Jump to navigationJump to search

Hyde Park, Utah
The John E. Lee House is listed on the National Register of Historic Places.

The John E. Lee House is listed on the National Register of Historic Places.
Location in Cache County and the state of Utah

Location in Cache County and the state of Utah
Coordinates: 41°47′55″N 111°49′10″WCoordinates41°47′55″N 111°49′10″W
Country United States
State Utah
County Cache
Founded April 16, 1860
Incorporated January 16, 1892
Named for William Hyde

 • Total 4.39 sq mi (11.37 km2)
 • Land 4.39 sq mi (11.37 km2)
 • Water 0.00 sq mi (0.00 km2)

4,537 ft (1,383 m)

 • Total 3,833
 • Estimate 

 • Density 1,092.71/sq mi (421.94/km2)
Time zone UTC-7 (Mountain (MST))
 • Summer (DST) UTC-6 (MDT)
ZIP code
Area code 435
FIPS code 49-37390[4]
GNIS feature ID 1441964[2]

Hyde Park is a city in north-central Cache CountyUtah, United States. The population was 3,833 at the 2010 census,[5] with an estimated population of 4,700 in 2018.[6] It is included in the Logan, Utah-Idaho Metropolitan Statistical Area.

No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...
No data matched by id...

Comments are closed.