The U.S. trustee in each of the federal judicial districts is an official appointed by the U.S. attorney general to oversee the administration of bankruptcy cases or private trustees in specific cases. You seek information on the selection of a trustee and the trustee’s responsibilities in a Chapter 7 bankruptcy filing.
a. Access Title 11 of the U.S. Bankruptcy Code and locate the material for a Chapter 7 filing. Summarize the procedure by which an interim trustee is appointed to a bankruptcy case. Then briefly summarize how the creditors may elect a trustee.
b. Summarize the duties of the trustee under Chapter 7 of the Bankruptcy Code.