Rule 2008 Federal Rules of Bankruptcy Procedure

Rule 2008 of the Federal Rules of Bankruptcy Procedure is about Notice to the Person Selected as Trustee. It is under Part II (Officers and Administration; Notices; Meetings; Examinations; Elections; Attorneys and Accountants) of the Rules.

(a) Giving Notice. The United States trustee must immediately notify the person selected as trustee how to qualify and, if applicable, the amount of the trustee’s bond.

(b) Accepting the Position of Trustee.

(1) Trustee Who Has Filed a Blanket Bond. A trustee selected in a Chapter 7, 12, or 13 case who has filed a blanket bond under Rule 2010 may reject the office by notifying the court and the United States trustee in writing within 7 days after receiving notice of selection. Otherwise, the trustee will be considered to have accepted the office.

(2) Other Trustees. Any other person selected as trustee may accept the office by notifying the court and the United States trustee in writing within 7 days after receiving notice of selection. Otherwise, the person will be considered to have rejected the office.