Video: What or who is the U.S. trustee?
The United State trustee, is a branch of the department of justice. They are not a trustee even though they have the word trustee in their name. They were created 40, 50, some odd years ago, with the main purpose of keeping bankruptcy judges out of the day-to-day affairs of a Chapter 11 case. They've grown in power over time and generally in a Chapter 11, they monitor Chapter 11 cases. They are treated as a party in a Chapter 11. They are allowed to file motions. They are allowed to be heard at court hearings. On a Chapter 7 side, the US Trustee manages and maintains the list of who are the eligible Chapter 7 trustees.