Trustees

Question:
How are trustees appointed and what qualifications must they have. It seems to me that decisions of importance, such as Ch. 7, can be in jeopardy merely because a trustee is having a "bad day". Would very much appreciate some feedback regarding trustees, as our 341 is this coming Monday and I would like to have a better understanding of the process and those involved.

Answer:
Most Chapter 7 trustees are private attorneys who assume the duties of trustee in addition to their regular law practice. The Chapter 7 Handbook, put out by the Department of Justice as a guide for Chapter 7 Trustees, is available online at http://www.usdoj.gov/ust/library/chapter07/7handbook0301/Ch7hb0702.htm. My understanding is that Trustees are Attys that have aspirations of being a Judge at some point. They come in all shapes and sizes. Around here, there is one who is very pro consumer, and you hope and pray you get him, or theres the next guy who is 5'2" and definately suffers from littlemans disease...very pro creditor.






Categories