how much does the attorney for the us trustee make

How much does it cost to be a trustee?

The U.S. Trustee Program had 994 employees in 2015 with an average pay (base salary + bonus) of $121,690.21. The most common occupation was general attorney, followed by paralegal specialist. The most common payscale is General Schedule. The top ten percent of employees in the U.S. Trustee Program earn 14% of the total income.

How are positions in the United States Trustee program paid?

Jun 11, 2020 · If the Trustee is a professional, such as a lawyer or a C.P.A., the trust agreement may direct the Trustee to be paid his/her normal hourly fee for administering the trust, a set salary, or may earn a percentage of the value of the trust assets. For a professional Trustee, a typical fee is between 1.0 and 1.5 percent of the value of the trust ...

How much do bankruptcy trustees get paid?

Aug 14, 2018 · How much a Trustee is paid will depend on several factors, chief among those being the terms of the trust agreement itself. The Settlor may include terms that address the Trustee’s compensation. If the Trustee is a professional, such as a CPA or attorney, the trust agreement may authorize payment at the Trustee’s normal hourly rate.

How is the salary of a United States Attorney determined?

Sep 18, 2015 · Example: A newly hired Assistant United States Attorney with 5 years and 10 months of professional attorney experience is initially hired at grade AD-25. Initial salary may be set at any point in the recruitment range (between the minimum and the Q4 pay rate). Initial pay setting practices vary between United States Attorneys’ offices.

What is Assistant U.S. trustee?

About the Office: The United States Trustee Program (USTP) is a litigating component of the Department of Justice whose mission is to promote the integrity and efficiency of the bankruptcy system for the benefit of all stakeholders―debtors, creditors, and the public.Feb 14, 2022

What does the United States trustee do?

The Office of the United States Trustee is an executive branch agency that is part of the Department of Justice. Its responsibilities include monitoring the administration of bankruptcy cases and detecting bankruptcy fraud.

What is a trustee in U.S. government?

The trustee monitors the conduct of bankruptcy parties and private estate trustees, oversees related administrative functions, and acts to ensure compliance with applicable laws and procedures. The U.S. Trustee Program is a component of the U.S. Department of Justice.

How many US trustees are there?

There are 21 U.S. Trustee offices across the country, and one of the offices is assigned to your local bankruptcy court. Each office manages the bankruptcy trustees that are appointed to administer bankruptcy cases (more below).

How are US trustees appointed?

The United States Attorney General generally appoints a separate United States Trustee for each of twenty-one geographical regions for a five-year term. Each United States Trustee is removable from office by and works under the general supervision of the Attorney General (see 28 U.S.C. § 581 and 28 U.S.C. § 586(c)).

Who does the U.S. trustee represent?

the Department of JusticeThe United States Trustee Program is the component of the Department of Justice responsible for overseeing the administration of bankruptcy cases and private trustees under 28 U.S.C. § 586 and 11 U.S.C. § 101, et seq.Jan 27, 2022

What states are trustee States?

The deed of trust is currently used in Alabama, Alaska, Arkansas, Arizona, California, Colorado, District of Columbia, Georgia, Hawaii, Idaho, Iowa, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, North Carolina, Oklahoma, Oregon, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia, ...

When was the US Trustee Program established?

1978Background of the U.S. Trustee Program The Program was established by the Bankruptcy Reform Act of 1978 (11 U.S.C. § 101, et seq.) as a pilot effort encompassing 18 districts.