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Tell me who appoint trustee and pay charges to the trustee

1888 Discuss-> Legal Advice -> Consumer Bankruptcy-> Tell me who appoint trustee and pay charges to the trustee This forum is locked: you cannot post, reply to, or edit topics. This topic is locked: you cannot edit posts or make replies.
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Phil
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Post Posted: Thu Sep 11, 2008 4:43 am    Post subject: Tell me who appoint trustee and pay charges to the trustee

I have file the bankruptcy but can’t get trustee. Please tell me who appoint the trustee and pay charges to the trustee?


"Phil"
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PostPosted: Thu Sep 11, 2008 4:43 am  

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Kolpin
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PostPosted: Thu Sep 11, 2008 5:17 am    

All the bankruptcy cases could not get the trustee from the court. Normally the trustees are appointed for certain cases under chapter 7 and chapter 13. You can get name of the trustee from the United States trustee. They are retired or working professionals. Regarding fees, trustee can get the fees from bankruptcy filling in percentage so you do not require paying to the trustee.

I get objections from the creditor after filling bankruptcy what can I do?



Kolpin>>
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Perras
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PostPosted: Thu Sep 11, 2008 5:23 am    

Ya, your creditor take objection naturally. It is creditors rights to objects the plan or repayment schedule. If court can’t get objection from the creditor than the court discharge the debt as per planning done by the trustee. Once court gives green signals than the trustee came forward and sale the properties of the debtor as per planning and repay the creditor as per planning. Once the court gives discharge order than trustee needs to prepare the final report and close the chapter. It is quite lengthy process and takes their time.


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