How are creditors appointed to the Official Committee of Unsecured Creditors?
In most cases, the United States Trustee solicits the interest of the Twenty Largest Unsecured Creditors by mailing the creditors a Committee Acceptance Form. If there are sufficient responses to the solicitation, the United States Trustee will form an Official Committee of Unsecured Creditors. In selected cases, the United States Trustee conducts an Organizational Meeting where the presence of the creditor or the creditor’s authorized representative (bearing a written authorization) is required. The United States Trustee forms a Committee by appointing creditors in attendance (in person or by proxy) at the Organizational Meeting.
