As part of his practice, Stephen J. Zayler often serves as a Trustee for Chapter 7 bankruptcy proceedings. His conduct and performance in that role has earned him the trust and respect of bankruptcy judges and court personnel of the U.S. Bankruptcy Court of the Eastern District of Texas.
Thoroughness, Reliability, and Trust
As a Trustee of the U.S. Bankruptcy Court, Mr. Zayler plays a key role in the Chapter 7 bankruptcy process. For each case, he carefully builds a file listing all of the assets and debts of the individual, identifies assets that are exempt and non-exempt, and reviews the data for completeness and accuracy.
In the Chapter 7 debt liquidation process, the debtor must give up the debtor's non-exempt property. Mr. Zayler acts to obtain the maximum possible value for the property through sale or auction. When this has been completed, Mr. Zayler distributes the recovered funds to the creditors and makes a full report to the Court.
The keys to success as a Trustee are thoroughness, efficiency, and integrity. In thousands of cases, Mr. Zayler has demonstrated these qualities, earning high marks from the Court for his work.
Since 1990, Stephen J. Zayler has been a member of the Panel of Chapter 7 Bankruptcy Trustees for the Eastern District of Texas . He is also a member of the National Association of Bankruptcy Trustees.