Is the Trustee a friend or a foe?

April 20, 2016
Trustees are neutral. They are supposed to be unbiased in their work, solely ensuring that the bankruptcy estate is maintained and in order. However, depending on the situation, they may seem to be a friend or a foe. Take for example, a case of fraudulent activities. Trustees are known to take fraud very seriously. If they suspect you are engaging in any fraudulent activities that undermines the bankruptcy estate, they will take action against you. In this case, they would seem to be a foe. However, in a case where they are pursuing a creditor for fraudulent activity, they may seem to be a friend as it benefits you, the filer.