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EOUST Reminds Chapter 7 and 13 Panel Trustees About Government Position on Pot

Submitted by ckanon@abi.org on
The U.S. Trustee Program (USTP) has long taken the position that debtors with assets or income derived from marijuana may not proceed through the bankruptcy system. The USTP has communicated that policy informally to the more than 1,100 private trustees who administer bankruptcy cases. The current directive, dated yesterday by EOUST Director Clifford White, seeks to ensure the uniform application of the bankruptcy laws by making sure that all of the private trustees know about and adhere to this longstanding policy.