The status of a trustee in a bankruptcy proceeding is best described as the:

Question

Quizplus · Accepted Answer

A trustee in a bankruptcy proceeding is appointed to manage the assets of the debtor and to distribute the proceeds to creditors. They are not a prosecutor or defender of the debtor, and while they are responsible for ensuring that the bankruptcy process is fair to all parties involved, they are not necessarily a protector of the debtor's interests. The trustee is not a successor to the debtor, but rather operates on behalf of the bankruptcy estate. Therefore, the best choice is B as the trustee is the successor to the debtor in managing their assets during the bankruptcy case.

The Status of a Trustee in a Bankruptcy Proceeding Is