Trustee in bankruptcy bonds.
Underwritten. Request a quote.

A trustee selected in a bankruptcy case must file a bond in favor of the United States, conditioned on the faithful performance of the trustee’s duties, under 11 U.S.C. §322. The U.S. Trustee sets the amount; we underwrite the bond to that penal sum and a specialist returns a quote, often within one business day.

Required of a bankruptcy trustee under 11 U.S.C. §322 — filed with the court
Guarantees the trustee’s faithful performance of official duties in favor of the United States
Individually underwritten — the U.S. Trustee sets the penal sum, and we size, underwrite and quote it
Underwrittenquote on reviewU.S. Trusteesets the amount1 business dayspecialist reply
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Quote to filed quickly.

A §322 bond is time-sensitive — it must be on file before you begin your duties. Here is the whole process:

TODAY · 5 MINUTES

Request a quote online

Your details, the court division, debtor, case number, and the bond amount the U.S. Trustee set — that is the request.

WITHIN 1 BUSINESS DAY

Underwritten & quoted

A specialist underwrites the bond to the penal sum the U.S. Trustee set and returns your quote, usually within one business day. Large penal sums may call for financials or collateral.

1–2 BUSINESS DAYS

E-sign & file with the court

Once you accept the quote, receive the executed bond in favor of the United States, ready to file with the Bankruptcy Court before you begin your duties. Wet-ink originals mailed whenever the court insists.

About this bond

What it is and who needs it.

What the trustee bond actually guarantees

Under 11 U.S.C. §322, a person selected as trustee in a bankruptcy case qualifies only after filing a bond in favor of the United States, conditioned on the faithful performance of the trustee’s official duties. The trustee must file it before beginning duties (generally within seven days of selection).

The U.S. Trustee determines the amount of the bond and the sufficiency of the surety — there is no fixed statutory figure. Many Chapter 7 trustees are covered under a per-district blanket bond, but an individual bond is required in some situations — for example, operating a business in Chapter 7, or holding funds beyond the blanket bond’s coverage.

It is not insurance for you. If the trustee breaches their duties and the surety pays, the trustee repays the surety. This bond is individually underwritten to the amount the U.S. Trustee set — a specialist sizes, underwrites and quotes it, often within one business day, and collateral or financials may be required on large penal sums.

11 U.S.C. §322 (Qualification of trustee)11 U.S.C. §322 requires a person selected as trustee in a bankruptcy case to file, before beginning official duties, a bond in favor of the United States conditioned on the faithful performance of those duties. The U.S. Trustee determines the amount of the bond and the sufficiency of the surety. In Maryland this is filed with the U.S. Bankruptcy Court for the District of Maryland; many Chapter 7 trustees are covered by a blanket bond, with individual bonds required in defined situations.

You need this bond if you are

A Chapter 7 or Chapter 11 trustee the U.S. Trustee requires to post an individual §322 bond
Operating a business in Chapter 7 beyond what a blanket bond covers
Holding estate funds that exceed the district blanket-bond coverage
A newly appointed trustee who must file a bond before beginning duties

Five minutes. Underwritten quote.

These are the actual underwriting fields, including the case details and the amount the U.S. Trustee set. A specialist underwrites the bond and returns your quote, often within one business day.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the trustee in bankruptcy bond? +
This bond is individually underwritten — there is no flat rate or set price. The U.S. Trustee sets the penal sum and the sufficiency of the surety for your case; we underwrite to that amount and a specialist returns your quote, often within one business day.
Who sets the bond amount? +
The U.S. Trustee. Under 11 U.S.C. §322, the U.S. Trustee determines both the amount of the bond and the sufficiency of the surety — the court does not set a fixed figure.
Isn’t there a blanket bond already? +
Often, yes — many Chapter 7 trustees are covered by a per-district blanket bond. But an individual §322 bond is required in defined situations, such as operating a business in Chapter 7 or holding funds beyond the blanket bond’s coverage.
How does underwriting work? +
A specialist reviews your case details and the penal sum the U.S. Trustee set, underwrites the bond, and returns a quote — usually within one business day. On large penal sums, financials or collateral may be required.
Where do I file it? +
With the U.S. Bankruptcy Court for the District of Maryland, in favor of the United States, before you begin your duties. Once you accept the quote, we issue the executed bond ready to file.
Related bonds

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Trustee bond, underwritten quickly.

Five-minute request, individually underwritten to the penal sum the U.S. Trustee set. A specialist returns your quote, often within one business day.

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