Our first line of defense in bankruptcy fraud: the U.S. trustees

The US Trustee Program safeguards the integrity of the bankruptcy system by intensifying efforts to curb bankruptcy fraud which comes in the form of debtor fraud, automatic stay abuses, serial filing and bustouts. It works by via a referral system where panel trustees relay information, through letters or telephone calls, that detect and refer criminal activity for prosecution. An aggressive criminal law enforcement system is imperative to the survival of the bankruptcy system.
Bankruptcy fraud is a problem which confronts us all. With more than one million cases filed last year, criminal activity has also increased. The agency charged by statute with protecting [...]