U.S.Trustee Law and Legal Definition
U.S. trustee is a member of the U.S. Department of Justice. U.S. trustee is responsible for supervising administration of Chapter 11 bankruptcy cases, estates, and trustees. Other functions of the U.S. trustee include monitoring plans and disclosure statements, monitoring fee applications, monitoring creditors committees and overseeing the activities of trustees in administration of their individual cases. U.S. trustee presides over the Chapter 11 Section 341 meeting of creditors. U.S. Trustee has got one office in each district. Each U.S. trustee shall be under the general supervision of the Attorney General, who shall provide general coordination and assistance to them. Office of the U.S Trustee is managed by the Assistant U.S. trustee.
Each U.S. trustee shall:
(1)establish, maintain, and supervise a panel of private trustees that are eligible and available to serve as trustees in cases under chapter 7 of title 11;
(2) serve as and perform the duties of a trustee in a case under title 11 when required under title 11 to serve as trustee in such a case;
(3) supervise the administration of cases and trustees in cases under chapter 7, 11, 12, 13, or 15 of title 11 28 USCS § 586(a)
U.S. trustee for each district is authorized to contract with auditors to perform audits in accordance with the procedures established under section 603(a) of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005