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    #1

    former Trustee as Atty?

    Is there a significant advantage to retaining a BK atty who is a former BK trustee? My initial impression is yes, but I'm also curious if it's enough of an advantage to warrant paying a (slightly) higher fee?

    Also this particular atty makes a point (on his literature) of noting that he's "Board Certified" in BK Law ... how is that different than licensed to practice BK law? ... and again, does that offer a significant advantage?

    Thanks!
    Tags: None
    #2
    An attorney that has also served as a Trustee will "know" what a Trustee is looking for, expecting, and will demand in a bankruptcy case.......
    An advantage....... yes.....................
    Costing more, probably worth the extra money.......
    Also has a better relationship with the trustee's circle of friends than a regular attorney.....
    Minny

    "It's amazing the paths that our feet sometimes follow in life".

    My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.

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      #3
      Are you baiting me with this question?????????????

      yes
      Last edited by Minnymouth; 07-07-2006, 08:40 AM. Reason: language

      Comment

        #4
        Thanks. Yeah I kind of thought it was a "well duh!" question but we've met with a few different lawyers and haven't found one we like yet. Just walked out of a consultation with one in particular that was a real prick!
        We have an appt with one who is a former trustee on Tuesday.

        Comment

          #5
          How about hiring an attorney that's currently a trustee?

          Gotta love lawyers.....especially ones that get to graze on both sides of the fence.
          Filed Ch 7: 02Jun06.......Credit after BK:
          341: 28Jun06...............11Sep06 - Orchard Bank $300
          Discharged: 29Aug06.....15Sep06 - Hooters MC $1000
          Closed: 29Aug06...........18Sep06 - Cap One $300

          Comment

            #6
            I purposely sought out practices where there was an attorney that was a current trustee. My actual attorney is not the trustee, but we called in his partner (the trustee) to ask him some questions. I really lucked out since I'm in an outlying area and this trustee is from the same remote district so he knows how things differ there. And I was not charged higher (in fact, much lower than other places). Under $1500 and that includes filing fees.
            *** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***

            My posts represent hours of research on and off the web, these forums, my experience, and my opinions.

            Comment

              #7
              Originally posted by cr2285
              How about hiring an attorney that's currently a trustee?

              Gotta love lawyers.....especially ones that get to graze on both sides of the fence.
              But realize that Chapter 7 trustees only get about $100 per case. (It's not like Chapter 13 trustees getting a cut for years to come.) They are trying to raise the compensation for Ch 7 trustees since that is actually quite a bit of work for that sum.
              *** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***

              My posts represent hours of research on and off the web, these forums, my experience, and my opinions.

              Comment

                #8
                The attorney I am going to be using is currently a trustee. I thought it would be a good benefit... Like the other poster said, he would know about what they are looking for
                3/27/07: Chapter 7 Filed - Pre-filing true FICO (hers/his) 450/477
                5/10/07: 341 Meeting DONE! Trustee's Report of No Distribution Filed
                7/04/07: FICOs going up! Credit report cleanup (hers/his) 540/536
                7/10/07: DISCHARGED! 8/27/07: CLOSED!

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