U.S. Trustee Program Law and Legal Definition
U.S. Trustee Program (“program”) is a federal agency that oversees the administration of bankruptcy cases and private trustees under 28 U.S.C. § 586 and 11 U.S.C. § 101, et seq.. This agency is established under the U.S. Department of Justice. The main object of this program is to ensure and promote efficiency and integrity of the bankruptcy process. This program also facilitates the involvement of creditors in a case. This program is governed by the Executive Office for U.S. Trustees located in Washington D.C.
Some main functions of the program are:
Furthering public interest through conducting bankruptcy cases in a just, speedy and economical way;
Monitoring the conduct of private trustees and parties;
Ensuring compliance to applicable laws and procedures;
Overseeing related administrative functions; and
Supporting agencies conducting investigations to check bankruptcy fraud and abuse.
