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A trustee in bankruptcy takes over the debtor’s estate when a bankruptcy order is made, realises assets, pays costs, and distributes funds to creditors. A solicitor in this area advises on the appointment, the trustee’s duties, and the process of realising assets, dealing with claims, and filing the necessary reports and accounts with the Insolvency Service. The work often involves statutory investigations, reporting on the debtor’s conduct, and ensuring correct distribution of dividends to creditors.
