There are two primary types of Trustees in Bankruptcy. The first type is the U.S. Trustee, who is employed by the Department of Justice in the Executive Branch and is responsible for matters of administration of a bankruptcy case. The U.S. Trustee's responsibilites include (1) appointing members of a panel of trustees who administer individual bankruptcy cases; and (2) supervising the actions of the private trustees and the administration of all bankruptcy cases. The U.S. Trustee is also responsible for approving creditor counseling agencies and financial management courses and for investigating potential bankruptcy fraud. The United States Trustee for Region 12 serves the federal judicial districts established for Iowa, Minnesota, North Dakota and South Dakota. The regional office is located in Cedar Rapids, IA.
The USTP Region 12 website contains information about the Regional Office of the United States Trustee and the field offices within Region 12.
United States Trustee (Region 12)
Mary R. Jensen, Acting U.S. Trustee
111 Seventh Avenue SE, Suite 2800
Cedar Rapids, IA 52401-2101
Phone: 319-364-2211
Fax: 319-364-7370
Janet G.L. Reasoner, Assistant U.S. Trustee
111 Seventh Avenue SE, Suite 2800
Cedar Rapids, IA 52401-2101
Phone: 319-364-2211
Fax: 319-364-7370
The second type of Trustee in Bankruptcy is the case or standing trustee, who serves as the court-appointed representative of the estate who actually administers the bankruptcy estate. A Chapter 7 trustee is in charge of liquidating the estate. In some Chapter 11 cases, the debtor-in-possession is replaced by a trustee who administers the estate. In Chapter 12 and Chapter 13 cases, there is one standing trustee for the entire Northern District of Iowa, to whom all cases under Chapter 12 and Chapter 13 are assigned. The case and standing trustees preside at the Section 341 Meeting of Creditors where the debtor is placed under oath and questioned about their bankrutpcy schedules and statements.
Bankruptcy Trustees
Additional Informational Links
- Link to information regarding Approved Credit Counseling Agencies
- Link to information regarding Approved Financial Management Course Providers
- Link to information regarding Reporting Bankruptcy Fraud
- Link to information regarding Means Testing (to Census Bureau, IRS Data and Administrative Expense Multipliers for completing Bankruptcy Form 122A-1, 122A-1 Supp, 122A-2, 122C-1 and 122C-2)
- Link to information regarding Debtor Audit Information