(a) Election of Single Trustee for Estates Being Jointly Administered. If the court orders a joint administration of two or more estates under Rule 1015(b), creditors may elect a single trustee for the estates being jointly administered, unless the case is under subchapter V of chapter 7 of the Code.
(b) Right of Creditors To Elect Separate Trustee. Notwithstanding entry of an order for joint administration under Rule 1015(b), the creditors of any debtor may elect a separate trustee for the estate of the debtor as provided in § 702 of the Code, unless the case is under subchapter V of chapter 7.
(c) Appointment of Trustees for Estates Being Jointly Ad - ministered .
(1) Chapter 7 Liquidation Cases. Except in a case governed by subchapter V of chapter 7, the United States trustee may appoint one or more interim trustees for estates being jointly administered in chapter 7 cases.
(2) Chapter 11 Reorganization Cases. If the appointment of a trustee is ordered, the United States trustee may appoint one or more trustees for estates being jointly administered in chapter 11 cases.
(3) Chapter 12 Family Farmer’s Debt Adjustment Cases. The United States trustee may appoint one or more trustees for estates being jointly administered in chapter 12 cases.
(4) Chapter 13 Individual’s Debt Adjustment Cases. The United States trustee may appoint one or more trustees for estates being jointly administered in chapter 13 cases.
(d) Potential Conflicts of Interest. On a showing that creditors or equity security holders of the different estates will be prejudiced by conflicts of interest of a common trustee who has been elected or appointed, the court shall order the selection of separate trustees for estates being jointly administered.
(e) Separate Accounts. The trustee or trustees of estates being jointly administered shall keep separate accounts of the property and distribution of each estate.
(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 30, 1991, eff. Aug. 1, 1991; Mar. 27, 2003, eff. Dec. 1, 2003.)
added in current removed in current
Compared to current version (2025).
(a) Election of Single Trustee for Estates Being Jointly Administered. If the court orders a joint administration of two or more estatesCreditors ’ Right to Elect a Single Trustee. Except in a case under Subchapter V of Chapter 7 or Subchapter V of Chapter 11, if the court orders that 2 or more estates be jointly administered under Rule 1015(b), the creditors may elect a single trustee for those estates being jointly administered, unless the case is.
(b) Creditors ’ Right to Elect a Separate Trustee. Except in a case under sSubchapter V of cChapter 7 of the Code.
(b) Right of Cr Subchapter V of Chapter 11, any debtor’s creditors To Emay elect Sa separate Ttrustee. Notwithstanding entry of an for the debtor’s estate under § 702-even if the court order fors joint administration under Rule 1015(b), the creditors of any debtor may elect a separate trustee for the estate of the debtor as provided in § 702 of the Code, unless the case is under subchapter V of chapter 7.
(c) Appointment of.
(c) United States Trustee ’ s Right to Appoint Interim Trust - ees for Estates Beingin Cases with Jointly Ad - ministered Estates.
(1) Chapter 7 Liquidation Cases. Except in a case governed by sunder Subchapter V of cChapter 7, the United States trustee may appoint one or more interim trustees for estates being jointly administered in cChapter 7 cases.
(2) Chapter 11 Reorganization Cases. If. If the court orders or the Code requires the appointment of a trustee is ordered, the United States trustee may appoint one or more trustees for estates being jointly administered in cChapter 11 cases.
(3) Chapter 12 Family Farmer’s Debt Adjustment Casesor 13. The United States trustee may appoint one or more trustees for estates being jointly administered in cChapter 12 casesor 13.
(4d) Chapter 13 Individual’s Debt Adjustment Casonflicts of Interest. The United States trustee may appoint one or moreOn a showing that a common trustee’s for estates being jointly administered in chapter 13 cases.
(d) Potential Cconflicts of Iinterest. On a showing that will prejudice creditors or equity security holders of the different estates will be prejudiced by conflicts of interest of a common trustee who has been elected or appoinjointly administered estateds, the court shallmust order the selection of separate trustees for estates being jointly administered.
(e)the estates.
(e) Keeping Separate Accounts. The trustee orA trustees of estates being jointly administered shallestates must keep separate accounts of theeach estate’s property and distribution of each estate.
(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 30, 1991, eff. Aug. 1, 1991; Mar. 27, 2003, eff. Dec. 1, 2003; Apr. 11, 2022, eff. Dec. 1, 2022; Apr. 2, 2024, eff. Dec. 1, 2024.)