A________ is a person appointed by the bankruptcy court to administer the debtor's estate in the interests of both the debtor and the creditors. He or she collects and reduces to cash the estate in property and closes up the estate as speedily as is compatible with the best interests of the parties.

Question

Quizplus · Accepted Answer

A bankruptcy trustee is the individual responsible for overseeing and managing the bankruptcy process, including the debtor's assets, for the benefit of the creditors and the debtor, as described in the statement.

A________ Is a Person Appointed by the Bankruptcy Court to Administer