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What exactly is a US Trustee?

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    #1

    What exactly is a US Trustee?

    After reading on here I'm still sorta clueless about bk. What exactly does the US Trustee do? We had our 341 with our local trustee and everything went fine, he said if everythings go's ok we will get our discharge leter in 60 days. So now that he approved our 341 does our case now go before the US Trustee? Or does he just get involved in specials cases and if so what would trigger this to happen?
    Thanks Dennis
    Tags: None
    #2
    Dennis, I'm no expert on this, but from what I've read here it seems that your attorney will know before the 341 if the UST plans on getting involved. My attorney said that presumed abuse (707(b)) is almost always brought up before the 341.

    Any gurus here can probably add alot more.
    pa308 (equifax fico 6-21 471) 594 on 3-09 671 7-09
    filed ch7 6-12
    341 7-25
    Discharged and closed 9-24

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      #3
      The US Trustee oversees the Trustee and everything related to your case. Call him/her a supervisor, kinda like when there is an issue with one of your bills or something and you call customer service to speak with a supervisor. The US Trustee gets involved with asset cases and when there's Presumption of Abuse and/or fraud..........things like that. If you don't have any reason to believe your case will be flagged, then you don't have any worries about the US Trustee. Kick back and relax and let your case run its course.

      Keep us posted if anything "pops up" and we'll be sure to try to answer any questions you have
      Bankruptcy History:
      Chapter 7 filed - 10/12/2005 - Asset
      Discharged - 02/16/2006
      Case Closed - 11/08/2007

      A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain ~ Mark Twain

      All suggestions are based on personal experience and research and SHOULD NOT be construed as legal advice as I am NOT an attorney. Always consult with competent counsel in your area with regards to your particular situation.

      Comment

        #4
        More info: www.usdoj.gov/ust

        The UST reviews cases, typically becomes involved in cases with high income, high debt, creditor objections or hidden assets. If the UST has not filed a statement of presumed abuse in a case 10 days after the 341 hearing, it is very unlikely they will be involved in a case at all.

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