Wednesday, June 8, 2011

Are Bankruptcy Judges and Bankruptcy Trustees the Same?

They are not.

Judges are appointed to federal bankruptcy courts for a term of 14 years, often at the recommendation of committees, political officials, or congress.






Bankruptcy trustees are appointed by the US Department of Justice. They are typically attorneys with knowledge of financial matters or are accountants. The US Trustee Office is a separate entity from the courts. The trustees serve as impartial administrators for the bankruptcy petition, overseeing the best interests of both the debtor and the creditor. The trustee arrangement is considered a “watchdog” agency that monitors all bankruptcy cases and identifies fraud.

If you are considering filing for bankruptcy, it is not advisable for you to speak directly with a bankruptcy trustee, and not permitted for you to speak with a bankruptcy judge. Seek the assistance of an experienced bankruptcy attorney such as those at the Frutkin Law Firm, PLC in Phoenix, Arizona.