Bankruptcy Administrator Law and Legal Definition
Bankruptcy administrator is an officer of the judiciary serving in the judicial districts of Alabama and North Carolina. In North Carolina and Alabama, bankruptcy administrators perform similar functions that U.S. trustees perform in the remaining 48 states. Bankruptcy administrator is responsible for administration of bankruptcy cases, estates, and trustees, maintaining the panel of private trustees, monitoring plans and disclosure statements, monitoring transactions and conduct of parties in bankruptcy, monitoring creditors' committees, and monitoring fee applications. A bankruptcy administrator also maintains approved credit counseling agencies and debtor education providers list. The bankruptcy administrator program is administered by the Administrative Office of the United States Courts. The bankruptcy administrator program was established by the congress in 1986.
