Chapter 13 Trustees Office

Welcome to our platform for Nearby Lawyers. Today, we provide information about the Chapter 13 Trustees Office, located at 535 NJ-38 #580, Cherry Hill Township, NJ 08002, USA. You can reach them by phone at (856) 663-5002 or via mobile at +1 856-663-5002.

The Chapter 13 Trustees Office plays a crucial role in the bankruptcy process under Chapter 13 of the United States Bankruptcy Code. Unlike a lawyer who represents a debtor or a creditor, the Chapter 13 Trustee is a neutral party appointed by the Bankruptcy Court to administer Chapter 13 cases. Their primary responsibilities include overseeing the debtor's repayment plan, collecting payments from the debtor, and distributing those funds to creditors according to the terms of the confirmed plan. The Trustee also evaluates the feasibility of the proposed repayment plan and may object to confirmation if it does not meet the legal requirements.

It is important to understand that the Chapter 13 Trustees Office does not provide legal advice to debtors. Individuals considering filing for Chapter 13 bankruptcy should seek counsel from a qualified bankruptcy attorney who can advise them on their rights and responsibilities, help them prepare their bankruptcy petition and repayment plan, and represent them in court proceedings.

Environment and Location:

The Chapter 13 Trustees Office in Cherry Hill Township is located at 535 NJ-38, Suite #580. This location likely serves as an administrative hub for the Trustee and their staff to manage Chapter 13 bankruptcy cases in the region. Being situated in a suite within a larger building suggests a professional office environment where the administrative tasks associated with bankruptcy cases are handled.

Cherry Hill Township's accessibility within New Jersey makes this location relatively convenient for debtors and creditors who may need to interact with the Trustee's office, although most interactions are typically conducted through mail, phone, or online portals managed by the Trustee.

Services Related to Chapter 13 Bankruptcy:

The Chapter 13 Trustees Office is primarily involved in the administration of Chapter 13 bankruptcy cases. Their key functions include:

• Case Administration: Managing the procedural aspects of Chapter 13 cases.
• Payment Collection: Receiving monthly payments from debtors according to their confirmed repayment plans.
• Fund Distribution: Disbursing collected funds to creditors as outlined in the bankruptcy plan.
• Plan Review: Analyzing proposed repayment plans to ensure they comply with the Bankruptcy Code and are feasible.
• Creditor Communication: Providing information to creditors about the status of the bankruptcy case and payment distributions.
• Court Interaction: Representing the interests of the bankruptcy estate in court hearings related to the Chapter 13 cases they administer.

The Trustee's role is essential to the functioning of the Chapter 13 bankruptcy system, ensuring fairness and adherence to the legal framework.

Features of the Chapter 13 Trustees Office:

The Chapter 13 Trustees Office operates with the following characteristics:

• Neutral Administration: Acting as a neutral fiduciary, the Trustee's duty is to the bankruptcy estate and the fair application of the Bankruptcy Code.
• Oversight of Repayment Plans: Ensuring that debtors fulfill their obligations under the confirmed plans and that creditors receive payments appropriately.
• Administrative Efficiency: Managing a large volume of cases requires efficient administrative processes.
• Legal Compliance: Operating within the framework of federal bankruptcy laws and court rules.

The Trustee's office is a critical component of the bankruptcy process, providing the necessary administrative and oversight functions.

Important Information for Local Users:

If you are a local user in Cherry Hill, NJ, considering Chapter 13 bankruptcy, the Chapter 13 Trustees Office at 535 NJ-38 #580 will likely be involved in the administration of your case once it is filed. However, it is crucial to understand that the Trustee's office does not represent you or provide legal advice. To navigate the complexities of Chapter 13 bankruptcy, you will need to hire your own bankruptcy attorney.

A bankruptcy attorney can help you determine if Chapter 13 is the right option for your financial situation, assist you in preparing the necessary legal documents, develop a feasible repayment plan, and represent you in your dealings with the Bankruptcy Court and the Trustee.

The Chapter 13 Trustees Office serves as a key administrative function within the bankruptcy system, ensuring that the repayment process runs smoothly according to the confirmed plans. If you have questions about the administration of an existing Chapter 13 case where you are a debtor or a creditor, you can contact their office at (856) 663-5002 for procedural information.

For those in the Cherry Hill area contemplating bankruptcy, we recommend seeking legal advice from a bankruptcy attorney first. They can guide you through the process and explain how the Chapter 13 Trustee's Office will be involved if you decide to file under Chapter 13.

In summary, the Chapter 13 Trustees Office in Cherry Hill, NJ, located at 535 NJ-38 #580, is responsible for administering Chapter 13 bankruptcy cases. They oversee repayment plans, collect payments, and distribute funds to creditors. This office does not provide legal advice to debtors, who should consult with a qualified bankruptcy attorney for representation and guidance through the Chapter 13 process.