Robert M Wood Chapter 13 Trust

Welcome to the Nearby Lawyers platform, your local resource for understanding the various legal roles and entities that may be involved in your legal matters. Today, we introduce the office of the Robert M Wood Chapter 13 Trustee, located at 1 Aaa Dr STE 101 in Robbinsville Township, New Jersey. It is crucial to understand that a Chapter 13 Trustee is not a lawyer representing debtors (individuals or businesses filing for bankruptcy). Instead, the Chapter 13 Trustee is an officer of the court appointed to administer Chapter 13 bankruptcy cases according to the provisions of the United States Bankruptcy Code.

The office of the Robert M Wood Chapter 13 Trustee is situated in a professional building in Robbinsville Township. While no specific details about the office environment are available from the provided information, it is reasonable to expect a functional and organized setting where the administrative tasks associated with managing Chapter 13 bankruptcy cases are conducted. This would likely include office spaces for the trustee and their staff, meeting rooms for required debtor interactions such as the 341 meeting of creditors, and record-keeping facilities to manage the financial aspects of the bankruptcy estates under their supervision. The location in Robbinsville Township serves as the base of operations for administering cases filed in the relevant bankruptcy court district of New Jersey.

The primary service associated with the Robert M Wood Chapter 13 Trustee is the administration of Chapter 13 bankruptcy cases. Chapter 13 bankruptcy, often referred to as a "wage earner's plan," is a form of bankruptcy that allows individuals with regular income to develop a plan to repay all or part of their debts over a period of three to five years. The Chapter 13 Trustee plays a central role in this process. Their responsibilities include reviewing the debtor's proposed repayment plan, ensuring it complies with the Bankruptcy Code, collecting payments from the debtor according to the plan, and distributing those funds to the creditors.

The Trustee also conducts the 341 meeting of creditors, a mandatory meeting where the debtor is questioned under oath by the Trustee and the creditors about their financial affairs. The Trustee may raise objections to the debtor's plan if it does not meet the legal requirements or if they believe the plan is not feasible or is not proposed in good faith. They also play a quasi-judicial role in resolving disputes between the debtor and creditors regarding the plan and the claims filed in the case. Ultimately, the Trustee's goal is to ensure the fair and equitable administration of the Chapter 13 bankruptcy process according to federal law.

Several key features are associated with the role of a Chapter 13 Trustee, including the Robert M Wood Chapter 13 Trustee. Objectivity and impartiality are paramount. The Trustee is an officer of the court and must act in accordance with the Bankruptcy Code and Rules, representing the interests of the bankruptcy estate and its creditors, not the debtor. Their duty is to ensure that creditors receive the payments they are entitled to under the confirmed bankruptcy plan while allowing the debtor an opportunity to reorganize their finances.

Another feature is the administrative oversight provided by the Trustee. They are responsible for managing the financial aspects of numerous bankruptcy cases simultaneously, which requires significant organizational and accounting capabilities. This includes tracking payments, processing claims filed by creditors, and making distributions in accordance with the confirmed plans and court orders.

The legal and regulatory framework of the Bankruptcy Code governs the actions of the Chapter 13 Trustee. They must adhere to specific timelines and procedures outlined in the law and are subject to oversight by the bankruptcy court. This ensures a degree of accountability and standardization in the administration of Chapter 13 cases.

It is important to reiterate that the Chapter 13 Trustee does not provide legal advice to debtors. Individuals considering or filing for Chapter 13 bankruptcy should seek legal counsel from a qualified bankruptcy attorney who can represent their interests and guide them through the process. The Trustee's role is primarily administrative and oversight-oriented.

Given that the Chapter 13 Trustee is a court-appointed official rather than a lawyer in private practice representing clients, the concept of "promotional information" in the traditional sense does not apply. The Trustee's function is a mandated part of the bankruptcy system. Information about the Trustee is typically provided through official court websites and filings related to specific bankruptcy cases.

For local users in Robbinsville Township, New Jersey, and the surrounding areas who are involved in Chapter 13 bankruptcy proceedings, the Robert M Wood Chapter 13 Trustee is the official responsible for administering their case if it falls within their assigned jurisdiction. Debtors will interact with the Trustee and their staff primarily through the 341 meeting of creditors and the ongoing payment process outlined in their confirmed bankruptcy plan. Creditors will interact with the Trustee to file claims and receive distributions.

If you have questions or need information related to a specific Chapter 13 bankruptcy case under the administration of the Robert M Wood Chapter 13 Trustee, you can contact their office by phone at (609) 587-6888 or +1 609-587-6888. Their office is located at 1 Aaa Dr STE 101, Robbinsville Twp, NJ 08691. However, for legal advice and representation regarding filing for Chapter 13 bankruptcy, you should consult with a qualified bankruptcy attorney.

In conclusion, the Robert M Wood Chapter 13 Trust, located in Robbinsville Township, NJ, serves as the administrative body overseeing Chapter 13 bankruptcy cases in the relevant jurisdiction. As an officer of the court, the Trustee ensures the fair and equitable distribution of funds to creditors according to the Bankruptcy Code. While the Trustee plays a crucial role in the Chapter 13 process, they do not provide legal representation to debtors. Individuals considering Chapter 13 bankruptcy should seek advice from a qualified bankruptcy attorney, while those with active cases under this Trustee's administration can contact their office for procedural information related to their case.