Source: https://www.law.cornell.edu/uscode/text/11/704?qt-us_code_tabs=1
Timestamp: 2016-02-13 19:35:29
Document Index: 506304462

Matched Legal Cases: ['§ 704', '§ 704', '§ 704', '§\u202f704', '§\u202f311', '§\u202f217', '§\u202f102', '§\u202f219', '§\u202f446', '§\u202f1105', '§\u202f2', '§\u202f2', '§\u202f102', '§\u202f219', '§\u202f446', '§\u202f1105', '§\u202f102', '§\u202f219', '§\u202f217', '§\u202f217', '§\u202f474', '§\u202f311']

11 U.S. Code § 704 - Duties of trustee | US Law | LII / Legal Information Institute
U.S. Code › Title 11 › Chapter 7 › Subchapter I › § 704 11 U.S. Code § 704 - Duties of trustee
§ 704.
if, at the time of the commencement of the case, the debtor (or any entity designated by the debtor) served as the administrator (as defined in section 3 of the Employee Retirement Income Security Act of 1974) of an employee benefit plan, continue to perform the obligations required of the administrator; and
the United States trustee (or the bankruptcy administrator, if any) shall review all materials filed by the debtor and, not later than 10 days after the date of the first meeting of creditors, file with the court a statement as to whether the debtor’s case would be presumed to be an abuse under section 707(b); and
not later than 7 days after receiving a statement under subparagraph (A), the court shall provide a copy of the statement to all creditors.
in the case of a debtor in a household of 1 person, the median family income of the applicable State for 1 earner; or
in the case of a debtor in a household of 2 or more individuals, the highest median family income of the applicable State for a family of the same number or fewer individuals.
provide written notice to the holder of the claim described in subsection (a)(10) of such claim and of the right of such holder to use the services of the State child support enforcement agency established under sections 464 and 466 of the Social Security Act for the State in which such holder resides, for assistance in collecting child support during and after the case under this title;
include in the notice provided under clause (i) the address and telephone number of such State child support enforcement agency; and
include in the notice provided under clause (i) an explanation of the rights of such holder to payment of such claim under this chapter;
is not discharged under paragraph (2), (4), or (14A) of section 523(a); or
was reaffirmed by the debtor under section 524(c).
The holder of a claim described in subsection (a)(10) or the State child support enforcement agency of the State in which such holder resides may request from a creditor described in paragraph (1)(C)(iv) the last known address of the debtor.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2605; Pub. L. 98–353, title III, §§ 311(a), 474, July 10, 1984, 98 Stat. 355, 381; Pub. L. 99–554, title II, § 217, Oct. 27, 1986, 100 Stat. 3100; Pub. L. 109–8, title I, § 102(c), title II, § 219(a), title IV, § 446(b), title XI, § 1105(a), Apr. 20, 2005, 119 Stat. 32, 55, 118, 192; Pub. L. 111–16, § 2(7), May 7, 2009, 123 Stat. 1607; Pub. L. 111–327, § 2(a)(24), Dec. 22, 2010, 124 Stat. 3560.)
The trustee’s principal duty is to collect and reduce to money the property of the estate for which he serves, and to close up the estate as expeditiously as is compatible with the best interests of parties in interest. He must be accountable for all property received, and must investigate the financial affairs of the debtor. If a purpose would be served (such as if there are assets that will be distributed), the trustee is required to examine proofs of claims and object to the allowance of any claim that is improper. If advisable, the trustee must oppose the discharge of the debtor, which is for the benefit of general unsecured creditors whom the trustee represents.
2010—Subsec. (a)(3). Pub. L. 111–327 substituted “521(a)(2)(B)” for “521(2)(B)”.
2009—Subsec. (b)(1)(B). Pub. L. 111–16 substituted “7 days” for “5 days”.
2005—Pub. L. 109–8, § 102(c)(1), designated existing provisions as subsec. (a).
Subsec. (a)(10). Pub. L. 109–8, § 219(a)(1), added par. (10).
Subsec. (a)(11). Pub. L. 109–8, § 446(b), added par. (11).
Subsec. (a)(12). Pub. L. 109–8, § 1105(a), added par. (12).
Subsec. (b). Pub. L. 109–8, § 102(c)(2), added subsec. (b).
Subsec. (c). Pub. L. 109–8, § 219(a)(2), added subsec. (c).
1986—Par. (8). Pub. L. 99–554, § 217(1), inserted “, with the United States trustee,” after “with the court” and “the United States trustee or” after “information as”.
Par. (9). Pub. L. 99–554, § 217(2), inserted “with the United States trustee” after “court”.
1984—Par. (1). Pub. L. 98–353, § 474, substituted “close such estate” for “close up such estate”.
Pars. (3) to (9). Pub. L. 98–353, § 311(a), added par. (3) and redesignated former pars. (3) to (8) as (4) to (9), respectively.