Will the Trustee monitor my spending?

No.  You are still in control of your finances once you file for Chapter 7 or Chapter 13.  In a Chapter 7 your assets will be liquidated save for certain exemptions.  Conversely with a Chapter 13 restructuring a debtor is responsible for paying an agreed upon amount per month.  Aside from that amount, the debtor is responsible for his own banking accounts and financial affairs.

It is very important that a debtor manage his/her finances wisely in order to benefit from the bankruptcy.  It is for this reason that all debtors are required to take an approved debt/financial management course prior to filing for Chapter 7 or Chapter 13. The Fears | Nachawati Law Firm has filed numerous bankruptcy cases on behalf of debtors just like you.  Contact the firm today for a consultation.