Role Of Bankruptcy Administrators

Federal employees in two states who are responsible for supervising the administration of bankruptcy cases, estates, and trustees. In all other states, the U.S. Bankruptcy Trustee, normally through local private attorneys retained to act as assistant trustees, perform administration duties. The difference in actual function is small, and the rules applicable in all chapters are largely unaffected in typical consumer cases. In large corporate cases, the rule variations quickly become complex and require the assistance of an attorney specializing in reorganizations.