Word: Chapter 13 trustee
Definition:
A person appointed to administer a Chapter 13 case, overseeing the debtor’s plan and distributing payments to creditors.
Sample Sentence:
The Chapter 13 trustee reviewed the proposed repayment plan before the confirmation hearing.
Why It Matters:
The trustee ensures compliance with the repayment plan and protects creditor interests.
Quick Tip:
The trustee acts as an intermediary between debtor and creditors.
Source: https://www.uscourts.gov/glossary
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