I live in Ohio and my chapter 7 bankruptcy has been disharged for almost a year. I am hearing now there might be trustee fees. Has any one heard of this? If there is such a thing any clue the cost?
2007-06-18 15:31:19 · 7 answers · asked by M L 2 in Business & Finance ➔ Credit
A chapter 7 trustee seeking compensation beyond the standard $60 must file a motion with the court and get approval for the increase fees form the judgment. Section 326 places limits on the amount of this additional compensation based on the valued of the assets administered by the trustee.
If you had a "not asset" case, it is unlikely that the trustee would be seeking additional compensation. If the trustee collected and sold assets for the benefit of creditors, the trustee might file a motion to be paid additional compensation from the proceeds of the sale.
2007-06-19 10:04:57 · answer #1 · answered by Carl 7 · 0⤊ 0⤋
Check with your attorney. Any trustee fees should have been covered with the filing of the Chapter 7. Since the Chapter 7 is a one time clear the field, the fee your attorney charged should have covered the court filing fees, trustee fees, his fee, and any misc. fees. The trustee is the one who would have been responsible from the court to notify all creditors, determine what was collateral or non-collateral debt, and review any dispute (rebuttal) from a creditor. I'm sure there are other things but I'm going off of what I know from working with customers.
With a Chapter 13, the trustee fees continue during the payout of the Chapter 13.
2007-06-18 17:10:13 · answer #2 · answered by Margaret K 3 · 0⤊ 0⤋
you will discover the final answer for you at: SAVEFINDER.internet- RE What happens for the duration of a financial disaster 7 financial disaster trustee listening to? i filed for financial disaster 7 in february. nicely monday I extremely have my first court docket date the 341 assembly trustee assembly and that i'm rather frightened approximately it. I extremely have court docket at 10 am i stay in virginia and that i be attentive to im think to fulfill with my criminal expert a a million/2 hour till now my court docket date. Im assuming to talk the assembly whaat to declare and what to not say I extremely have never been with the aid of financial disaster so i dont be attentive to the way it rather works. My motor vehicle is a secured debt and that i've got a residing house deed which protects my motor vehicle .My motor vehicle value are as much as date never been previous due on a motor vehicle value and not in any respect would be yet please be distinctive on what to assume idk what ?'s they are going to ask or how i could answer or what if all and sundry been in this place please help im frightened ive never had to pass to court docket different then a rushing value tag lol
2016-10-17 23:36:15 · answer #3 · answered by rask 4 · 0⤊ 0⤋
No any fees that the trustee would have gotten would have been from the filing fee you already paid. If the bankruptcy is discharged then you are done.
2007-06-18 17:08:01 · answer #4 · answered by OC1999 7 · 0⤊ 0⤋
Call the lawyer that helped you with your original filing, or contact another attorney and ask.
2007-06-18 16:27:13 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The most appropriate site for your question –
http://www.usalegalcare.com/Bankruptcy.htm
Trust me its good
2007-06-19 18:38:33 · answer #6 · answered by Anonymous · 0⤊ 0⤋
i think no
2007-06-18 15:39:52 · answer #7 · answered by Anonymous · 0⤊ 0⤋