The Department of Justice has announced that there are insufficient funds available for transfer under 11 U.S.C. § 589(a)(f)(1) to pay chapter 7 trustee compensation under 11 U.S.C. § 330(e) in applicable FY 2022 cases. In accordance with 11 U.S.C. § 330(e)(4) and the regulations, the amount for payment in applicable FY 2022 cases is therefore $0. Despite there being no funds available for applicable FY 2022 cases, trustees should still file their payment eligibility certifications in applicable FY 2023 cases. Additional information will be provided on the Bankruptcy Administration Improvement Act Chapter 7 Trustee Payments page, and more information will be posted on the Court's website about FY 2023 cases when it becomes available.
Wednesday, February 22, 2023