Which bankruptcy participant administers a bankruptcy estate?

Question

Quizplus · Accepted Answer

A trustee is a person who is appointed to administer the bankruptcy estate. They are responsible for gathering and selling the debtor's assets and distributing the proceeds to creditors. They also have the power to investigate the debtor's financial affairs and object to any improper or fraudulent transactions. The other options (A, C, and D) are not responsible for administering the bankruptcy estate.

Which Bankruptcy Participant Administers a Bankruptcy Estate