Macco Chapter 13 Trustee - Islandia, NY

Overview

Michael J. Macco is one of the U.S. Standing Bankruptcy Trustees appointed by the United States Department of Justice to oversee the operation of bankruptcy cases filed for relief under Chapter 13 of the U.S. Bankruptcy Code within the Eastern District of New York. Michael J. Macco has served as a Trustee since being appointed in 1983.

The purpose of the Trustee's office is to act as an independent third party to ensure the proper repayment of debts to governmental, secured, and unsecured creditors. The Trustee does so by reviewing a debtor(s)' income, expenses, assets, and liabilities to establish a feasible repayment plan suitable to both the debtor(s) and creditors, that pays all of the debtor(s)' disposable income to creditors while insuring a repayment plan that pays creditors more than they would receive than upon liquidation of the debtor(s).

The Trustee acts as the trustee of a debtor(s)' estate until such time as the repayment obligations set forth in the debtor(s)' Chapter 13 plan, as confirmed by the U.S. Bankruptcy Court, are completed, or dismissed.

Federal law prohibits the Trustee and his staff from providing legal advice to any party. If you have any questions, they should be directed to your own attorney.

Furthermore, if you filed your petition pro se (without an attorney), you have declared to the Court and all parties involved, that you are familiar with the Federal Bankruptcy Code, the Local Rules of the Court, and that you accept responsibility for knowing all necessary deadlines and hearing dates.