Also called: Chapter 7 Panel Trustee, Standing Chapter 13 Trustee
Appointed to take charge of a bankrupt person's or company's assets, sell what can be sold, and divide the money among creditors.
Trustees run meetings where people in bankruptcy answer questions under oath, hunt for hidden assets like a boat or crypto wallet, and sell property to repay creditors. Many are lawyers or accountants appointed by the Justice Department's U.S. Trustee Program.
Chapter 7 trustees earn commissions on assets recovered; Chapter 13 trustees earn set salaries. Estimate.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Professional degree (MD, JD, DVM…), about 10 years after high school. Usually a J.D. or CPA plus bankruptcy experience, then appointment by the U.S. Trustee Program.
Ways in: 4-year college, Professional school, On-the-job training. Training cost: Over $150k.
Majors to look at: Accounting, Finance, Economics.
Growing about average. Rises when bankruptcies increase.
Medium risk for 10 years. AI finds hidden assets and runs the paperwork across many cases; questioning debtors and selling assets stay human.
Classes: Accounting, Personal finance, Economics, AP U.S. Government.
Official data: O*NET occupation 23-1011.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.