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The Standing Trustees are responsible for the administration of all Chapter 13 cases filed in their judicial district. If for any reason all panel and/or standing trustees are disqualified or unable to perform, the U.S. Trustee may serve as trustee for a particular case under Chapter 7, 12 or 13. This very rarely happens.
Bankruptcy courts appoint a trustee to represent the interests of the creditors and administer the cases. The U.S. Trustee [3] appoints Chapter 7 trustees for a renewable period of 1 year, Chapter 13 trustees are "standing trustees" who administer cases in a specific geographic region.
Trustee fees: Chapter 13 trustees collect a percentage from your monthly payments, up to 10 percent, though it often ranges between 5 and 8 percent. Chapter 13 bankruptcy alternatives.
An individual who is badly in debt can typically file for bankruptcy either under Chapter 7 (liquidation, or straight bankruptcy) or Chapter 13 (reorganization).In some cases, options may also include Chapter 12 (family farmer reorganization) and Chapter 11 (reorganization of a company, or an individual debtor whose debts exceed the limits for a Chapter 13 filing). [2]
In a Chapter 13 Bankruptcy ("Reorganization") the trustee is responsible for receiving the debtor's monthly payments and distributing those funds proportionally to the debtor's creditors. The Bankruptcy Trustee will act on behalf of the debtor to guarantee that both the creditors’ and the debtor's interests are maintained in accordance with ...
The Kinsey Institute will remain at Indiana University and not be transformed into a 501(c)(3) nonprofit, after IU administration changed course and asked the Board of Trustees to pursue ...
The trustee is assisted by a three-member township board. The trustees and board members are elected to four-year terms. [44] Based on the 2010 United States Census, Fountain County is part of Indiana's 4th congressional district; Indiana Senate district 23; [45] and Indiana House of Representatives districts 13 and 42. [46]
The U.S. state of Indiana is divided into 1,008 townships in 92 counties. Each is administered by a township trustee . The population is from the 2010 census unless denoted otherwise.
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