Legal Question in Bankruptcy in New York
I received notice, from bankruptcy court, of an "application for an order to pay the following administrative expences" has been submitted by xxxxxxxx as special counsel. Amount of Compensation $2,000.
We have not claimed any funds in the bankruptcy, nor have we signed any papers re: the bankruptcy proceedings.
Is this notice saying that we will be required to pay $2000 to the attorney for an action in which we are not participating?
1 Answer from Attorneys
Hello,
Either your attorney or any professional who has done work on your behalf of the bankruptcy estate's behalf can file an application seeking compensation in the case. This does not mean that you personally pay this fee once/if the fee is approved by the Bankruptcy Judge. What it means is that the trustee will pay the administrative fee (from proceeds you send to the trustee as part of you plan payments). I hope that helps.
Related Questions & Answers
-
Can you file bankruptcy if you have a (old, like 10 years ago) court ordered... Asked 10/08/15, 8:01 pm in United States New York Bankruptcy Law
-
I recently filed bankruptcy Chapter 7 . when would I be able to purchase a house. Asked 9/02/15, 5:30 am in United States New York Bankruptcy Law
-
Hardship 401k withdrawal I am in need of taking a Hardship 401k withdrawal due to... Asked 7/20/15, 10:25 am in United States New York Bankruptcy Law
-
I had a accident after I filed a chapter 7..If I file a lawsuit will it affect the... Asked 11/14/14, 6:12 am in United States New York Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
