What is a Trustee? – NJ Bankruptcy Glossary

Definition of the NJ Bankruptcy Term – Trustee


the person appointed to handle a bankruptcy case who acts as the intermediary between the debtor and his or her creditors and pays creditors monthly according to a negotiated plan

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Note: the above definition of Trustee was written in a simplified form for non-lawyers and may require a legal interpretation of how Trustee may impact your bankruptcy filing.