Bankruptcy trustee duties and committee governance govern personal guarantor insolvency processes and asset realisation outcomes. These regulations set out the bankruptcy process for personal guarantors to corporate debtors, detailing eligibility, appointment, duties and fees of the bankruptcy trustee, reporting requirements (preliminary, periodic and final), claims admission and valuation, constitution and conduct of the committee, procedures for meetings and voting (including electronic participation and proxies), asset valuation and sale procedures (auction default, private sale exceptions), realisation of secured assets, and distribution rules including treatment of unclaimed proceeds paid into the Insolvency and Bankruptcy Fund.