What is the Purpose of the US Trustee, Sacramento?
A Sacramento bankrutpcy attorney tells Sacramento the purpose of the US Trustee...
The US Trustee is a public official whose responsibility is to ensure that the public interest is being served by the proper administration of all bankruptcy cases. The US Trustee appoints the standing trustees that filers meet about five weeks after filing. If the standing trustee notices fraud or the ability for a Chapter 7 filer to pay a fraction of their debts over a 60 month period then its reported to the trustee where they will litigate and attempt to dismiss the filer. Administration also includes ensuring that filers are paying their fees and submitting all required schedules. The US Trustee is not responsible for any judicial supervision and can be best thought of as a party much like another bankruptcy filer or a creditor.
Because the US Trustee is an independent official the Bankruptcy Court can confine itself to a judicial role while leaving administrative oversight to an impartial party. The US Trustee has no influence on the Bankruptcy Court.
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