THE UNITED STATES TRUSTEES
The United States Trustee Program is a component of the Department of Justice responsible for overseeing the administration of bankruptcy cases and private trustees under 28 U.S.C. §586 and 11 U.S.C. §101, et seq. It consists of 21 regional U.S. Trustee Offices nationwide and an Executive Office for U.S. Trustees (EOUST) in Washington, DC.
The United States Trustee Program is a component of the Department of Justice that seeks to promote the efficiency and protect the integrity of the Federal bankruptcy system. To further the public interest in the just, speedy and economical resolution of cases filed under the Bankruptcy Code, the Program monitors the conduct of bankruptcy parties and private estate trustees, oversees related administrative functions, and acts to ensure compliance with applicable laws and procedures. It also identifies and helps investigate bankruptcy fraud and abuse in coordination with United States Attorneys, the Federal Bureau of Investigation, and other law enforcement agencies.
SPECIFIC RESPONSIBILITIES OF THE UNITED STATES TRUSTEES INCLUDE:
Appointing and supervising private trustees 3/ who administer Chapter 7, 12, and 13 bankruptcy estates (and serving as trustees in such cases where private trustees are unable or unwilling to serve);
Taking legal action to enforce the requirements of the Bankruptcy Code and to prevent fraud and abuse;
Referring matters for investigation and criminal prosecution when appropriate;
Ensuring that bankruptcy estates are administered promptly and efficiently, and that professional fees are reasonable;
Appointing and convening creditors' committees in Chapter 11 business reorganization cases;
Reviewing disclosure statements and applications for the retention of professionals; and
Advocating matters relating to the Bankruptcy Code and rules of procedure in court.