Q22. Who will be my trustee?

If you apply for your own bankruptcy, the Accountant in Bankruptcy will be appointed trustee, unless you nominate an insolvency practitioner to be your trustee.  If you wish to nominate an insolvency practitioner, you must get their formal written approval (Form 13) before the Accountant in Bankruptcy will appoint them.

If a creditor petitions the court for your bankruptcy, the creditor can nominate an insolvency practitioner to be your trustee. Again, the insolvency practitioner must agree to act as trustee. If no insolvency practitioner is nominated nor agrees to be trustee, the court will make the Accountant in Bankruptcy your trustee.

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