The bankruptcy trustee takes control over your assets when you file your petition, and there are two main objectives for this role. The trustee will assess debts to ensure that they qualify for discharge, since not all unsecured debts can be eliminated. In addition, the trustee will manage the liquidation process, in which your assets may be sold to satisfy the debt to creditors. Typically, the trustee will opt against selling assets that will not bring a solid profit.