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.

What the trustee bond actually guarantees

You need this bond if you are

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Underwritten, quote on review: Maryland trustee in bankruptcy bond filed under 11 U.S.C. section 322, sized to the U.S. Trustee's penal sum. Request a quote.

Trustee in Bankruptcy Bond

Final premium can vary based on underwriting factors

How this works?

If you are a non profit select Corporation

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One application.Bond in 1–2 days.