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What Is the Role of Bankruptcy Administrators?

If you are considering filing for bankruptcy, your attorney can help you understand the steps of the process and the roles of the individuals who oversee it. You may already know that the bankruptcy court will assign an impartial trustee to your case, but you may not know that bankruptcy case administration is also overseen by bankruptcy administrators. The bankruptcy administrator program was created by Congress in 1986. Their offices are located in the six judicial districts of Alabama and North Carolina.

From these offices, the bankruptcy administrators are responsible for maintaining the panel of private trustees. They review transactions and evaluate the conduct of filers, creditors, and other parties as it pertains to bankruptcy cases. Bankruptcy administrators are also responsible for maintaining a list of credit counseling agencies and debtor education providers that are approved by the court. Additionally, the administrators compile schedules of administrative expenses.

If you have any questions about filing for bankruptcy, the law firm of Cutler & Associates, Ltd. is here to help. Residents of the Aurora, Schaumburg, Chicago, and Skokie areas can reach us at (847) 961-4572.

Categories: Debt

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