Trustees

August 1st, 2006 by Questions

If a firm resigns from being your trustee during bankruptcy; In other words, they mailed out letters to myself and all creditors involved that they have discharged themselves as my trustees; Can they re-assign themselves as trustees, after all these letters have been sent out and without contacting me ?

Questions

One Response to “Trustees”



, Barton Goth, GCO Inc. Bankruptcy Trustees said:

This is normally what is done if someone doesn’t comply with the requirements of their bankruptcy. Typically the trustee won’t reassign themselves to your file unless you contact them, provide a summary of all the things that have changed since they were discharged an provide the necessary funds to cover their re-application costs. Until then you will remain in bankruptcy but without the benefit of any protection, meaning your creditors once again have the ability to collect on the full value of their debts through any normal mechanism (i.e. garnishee, seizure…).

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