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Conversion, Interim Trustee
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Subject to it being Riverside, I have never seen an interim Chapter 7 trustee fail to become the permanent trustee.
It takes a creditor objection and nomination of an alternative trustee, and I am quite sure, UST approval before anyone else can be substituted. In any event, I do not believe that the Interim Trustee's acts are any less valid for their interimness (yes I made up that word and welcome corrections); I don't know about Interim Trustee compensation, which may be what inhibits interim trustees in general from taking actions.
Jason Wallach
jwallach@gladstonemichel.com
On Sep 30, 2012, at 2:59 PM, Leventhal Law Group, P.C. wrote:
Yes, their would be a different Trustee appointed from the chapter 13 Trustee. Likely the chapter 7 trustee saw assets under the other case and is taking action based upon that.
However, anything is possible in Riverside!!!
Jonathan Leventhal, esq.
Leventhal Law Group, P.C.
818-347-5800
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On Sep 30, 2012, at 2:32 PM, "Larry Webb" wrote:
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> When a case is converted from reorganization to Chapter 7, is the newly assigned trustee assigned as interim trustee under s701? I am monitoring a Riverside case on behalf of a creditor and the trustee is moving to abandon property, appraising property, giving notice of assets etc two weeks before the Ch7 341 meeting. I have not seen a trustee take action before his 341 meeting before.
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> Best Regards
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> Larry Webb
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> Law Office of Larry Webb
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> 484 Mobil Ste 43
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> Camarillo, Ca 93010
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> 805-987-1400
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> Email Webblaw@Earthlink.net
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charsetndows-1252
Subject to it being Riverside, I have never seen an interim Chapter 7 trustee fail to become the permanent trustee.It takes a creditor objection and nomination of an alternative trustee, and I am quite sure, UST approval before anyone else can be substituted. In any event, I do not believe that the Interim Trustee's acts are any less valid for their interimness (yes I made up that word and welcome corrections); I don't know about Interim Trustee compensation, which may be what inhibits interim trustees in general from taking actions.
Jason Wallach
The post was migrated from Yahoo.
When a case is converted from reorganization to Chapter 7, is the newly
assigned trustee assigned as interim trustee under s701? I am monitoring a
Riverside case on behalf of a creditor and the trustee is moving to abandon
property, appraising property, giving notice of assets etc two weeks before
the Ch7 341 meeting. I have not seen a trustee take action before his 341
meeting before.
Best Regards
Larry Webb
Law Office of Larry Webb
484 Mobil Ste 43
Camarillo, Ca 93010
805-987-1400
Email Webblaw@Earthlink.net
The post was migrated from Yahoo.