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Who is a Chapter 7 Panel Trustee?

Chapter 7 Trustees (also known as panel trustees) are not government employees.  They are private citizens appointed and supervised by the Office of the U.S. Trustee (a division of the U.S. Department of Justice) to administer bankruptcy cases under chapter 7 of the U.S. Bankruptcy Code.  Many chapter 7 trustees are also attorneys or accountants who continue to practice their profession after appointment to the panel.   

Each Panel Trustee must pass a FBI background check and is required to post a bond in each case that he/she is appointed.  Most Panel Trustees qualify for a blanket bond which covers them in each of the cases that they are appointed. 

There are approximately 1,000 Chapter 7 Trustees who are currently receiving new cases, most of whom are NABT members.  Chapter 7 Trustees collectively administer over one million cases annually.

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