LOUISVILLE, Kentucky (AP) -- A defunct trade school involved in a federal investigation faces $57 million in claims from more than 600 creditors, a bankruptcy trustee said Tuesday.

The deadline for filing claims against Decker College was Monday. Decker's trustee, Robert Keats, said the case could easily take a couple years to resolve.

The Department of Education filed the single largest claim, seeking $32 million. It accused school administrators in court papers of misappropriating student loans and grant money.

The school's former CEO, William Weld, now a New York gubernatorial candidate, and his former company, Leeds Equity Partners, also have filed claims seeking money, although neither listed an amount. Weld's claim is, in part, to recover a $3 million loan Weld secured for the school in its waning days and the company's claim also is for money loaned to the school, Keats said.

Weld's spokesman, Dominick Ianno, declined to comment.

The school declared bankruptcy in October and is under investigation by the U.S. attorney's office, the FBI and the Department of Education's inspector general. The education agency revoked Decker's student loan program in August after being told the school's online class offerings didn't comply with its accreditation standards.

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