Trustees

[B12]

So, there is a local and US trustee? What is the difference and why does the US one get involved?

[SinkingFast]

Local Trustees are Standing or Panel Trustees.

Generally, local Trustees are practicing BK attnys, but not necessarily. Accountants and other professions are also Trustees.

Local Trustees are not Federal Employees. They have to meet Federal hiring requirements, but they're really more or less Contractors to the Federal Government. Local Trustees are appointed by the UST's Office.

The UST's Office is Federal. Each UST's Office oversees all the Courts and filings in their jurisdiction. Except in North Carolina and Alabama.

http://www.usdoj.gov/ust/eo/ust_org/about_ustp.htm

[inhocknow]

Local Trustees are Standing or Panel Trustees.

Generally, local Trustees are practicing BK attnys, but not necessarily. Accountants and other professions are also Trustees.

Local Trustees are not Federal Employees. They have to meet Federal hiring requirements, but they're really more or less Contractors to the Federal Government. Local Trustees are appointed by the UST's Office.

The UST's Office is Federal. Each UST's Office oversees all the Courts and filings in their jurisdiction. Except in North Carolina and Alabama.

http://www.usdoj.gov/ust/eo/ust_org/about_ustp.htm

Who oversees it in N Carolina and Alabama?

Thanks for your great help.

[lrprn]

Who oversees it in N Carolina and Alabama?.

"The bankruptcy administrator offices in the six judicial districts of Alabama and North Carolina oversee the administration of bankruptcy cases, maintain a panel of private trustees, and monitor the transactions and conduct of parties in bankruptcy." See http://www.uscourts.gov/bankruptcyco...istrators.html for the details. Hope this helps!