Filed today. Lawyer is also a Trustee

[yoyoma51]

Our lawyer filed our Chapter 7 today. We expect our 341 to be the day after Christmas!

Our attorney is also a Trustee and was President of the U.S. Trustees Organization, 2004-2005. He knows our Trustee very well and expects relatively smooth sailing.

Normally, he only accepts businesses as clients, but was willing to do our because much of our debt is from a prior business.

Although not cheap, we hope it is worth it as we have $162k +/- in unsecured debt.

Any opinions on having a current Trustee serve as your lawyer?

[BassBoy]

Having a Trustee as a lawyer is probably a good thing because they have the experience on both ends. They know what will be required, asked and what to expect.

[yoyoma51]

That's what we were thinking. Hopefully it pans out.

Also, I've been scanning this forum for a while now. What a great resource! It is great to be here!

[BassBoy]

Welcome to our forum yoyoma51!

[chpxiii]

Good luck, yoyoma51, and welcome.

[yoyoma51]

Thanks!

[wootsie]

Your attorney wouldn't happen to be in FL? and how much is he charging?

[yoyoma51]

We are not in FL, but here is a link to the list of trustees for all the states:

http://www.usdoj.gov/ust/eo/private_trustee/locator/index.htm

Many of them are also private practice bankruptcy attorneys.

He is charging us $1500.00. In our area (WI), the average was about $800-$1000 when we shopped around.

Good luck to you!

[lrprn]

We are not in FL, but here is a link to the list of trustees for all the states: http://www.usdoj.gov/ust/eo/private_...ator/index.htm Many of them are also private practice bankruptcy attorneys.

fyi....be careful not to contact every one of the trustees in your state or part of the state. If you do, then you've contaminated the trustee pool and when you file, the court will have to bring in a trustee from another state or part of the state to assign to your case. That tends to make the bk judges cranky.

[yoyoma51]

Great point, lrprn.

I should have mentioned the fact that we did a fair amount of research online about the attorneys we were considering.

Many times, there is a lot of information about them and cases they have been or are currently involved in, both as a plaintiff's attorney and trustee.