The United States 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.
CLICK HERE to view an informational sheet covering additional questions regarding 11 U.S.C. § 330(e) payments.
Additional information is provided on the Bankruptcy Administration Improvement Act Chapter 7 Trustee Payments page, and more information will be posted on that page about FY 2023 cases when it becomes available.