subject: Chapter 13 Bankruptcy Trustee [print this page] When a plan is received with the approval of all the parties concerned, the trustee is entrusted with the task of collecting the money from the debtor and distributing them to the creditors besides keeping record of the payments made by the debtor. When the tenure gets completed, the trustee is to conduct an audit and submit a final report to the Court to discharge the debtor from his outstanding debts. Once the report is confirmed by the bankruptcy judge, the Chapter 13 trustee's job gets completed. Thus, the role of a trustee is highly crucial under Chapter 13 bankruptcy.
