1. In North Carolina and Alabama,
bankruptcy administrators perform similar functions that U.S.
trustees perform in the remaining fortyeight states. The
bankruptcy administrator program is administered by the
Administrative Office of the United States Courts, while the U.S.
trustee program is administered by the Department of Justice. For
purposes of this publication, references to U.S. trustees are also
applicable to bankruptcy administrators.
2. Section 507 sets forth 10
categories of unsecured claims which Congress has, for public
policy reasons, given priority of distribution over other
3. A fee of $25 is charged for
converting a case under chapter 12 to a case under chapter 7.