What Does A Bankruptcy Trustee Do? United States Trustees supervise the administration of the following cases filed under the Federal Bankruptcy Code:Liquidation proceedings under Chapter 7 bankruptcy- Those assets that are not exempt from creditors are collected and liquidated (reduced to money). The proceeds are distributed to creditors by a private trustee appointed to administer the debtor’s estate under Chapter 7.“Wage-earner”...... Similar Editorial : by John Harris. | Source : Chapter 7 Bankruptcy Attorney
