What is the purpose of the US Trustee?
A San Francisco bankruptcy lawyer addresses what is the purpose of the US Trustee?
What does the US Trustee do?
The US Trustee oversees all bankruptcy proceedings to ensure compliance with the applicable bankruptcy code and ensure that potential debtors are not abusing the system or committing fraud. The US Trustee reviews bankruptcy petitions and in chapter 13 proceedings, ensures that the proposed plan is feasible and all claims are dealt with accordingly.
Is the US Trustee employed by a bankruptcy judge?
No. The US Trustee is independent from the bankruptcy court. The US Trustee is an office set up through the Department of Justice. US Trustees look for fraud and misrepresentations that could potentially be associated with bankruptcy and ensure that creditors are not violating harassment laws.
Will I have to meet with the US Trustee if I file?
Debtors who file will attend a meeting of the creditors, where an appointment trustee examines the debtor. The debtor will generally only deal with the appointed trustee and not have any contact with the regional US Trustee.
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