The United States Trustees
The United States Trustee Program (USTP) is a component of the U.S. Department of Justice responsible for overseeing the administration of bankruptcy cases and supervising private trustees under 28 U.S.C. Section 586 and Title 11 of the United States Code (the Bankruptcy Code). The Program operates through 21 regional U.S. Trustee offices across the country, supported by the Executive Office for United States Trustees (EOUST) in Washington, D.C.
The USTP promotes the efficiency, integrity, and accountability of the federal bankruptcy system by monitoring the conduct of bankruptcy participants and private trustees, overseeing key administrative functions, and helping ensure compliance with bankruptcy laws and procedures. The Program also works with federal law enforcement agencies, including United States Attorneys and the Federal Bureau of Investigation, to identify, investigate, and address bankruptcy fraud and abuse.
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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.