Chapter 13 trustee fees
Posted: Tue Oct 29, 2013 4:35 pm
The Chapter 13 trustee is capped on her income after overhead, so that iswhy the percentage varies from year to year. If there is low volume
trustee does not make the max income and the percentage is 10%. High volume
trustee max income reached and thus a lower trustee percentage.
Mark T. Jessee
Law Offices of Mark T. Jessee
"A Debt Relief Agency"
50 W. Hillcrest Drive, Suite 200
Thousand Oaks, CA 91360
(805) 497-5868 (805) 497-5864 (Facsimile)
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In a message dated 10/29/2013 3:51:21 P.M. Pacific Daylight Time,
michael@avanesianlaw.com writes:
Why would they take less than the maximum allowed by law? If this is a
Chapter 13 case, I believe the maximum is 10% and that's what they take.
I am basing this on my reading of 28 U.S.C. 586 (e)(1)(B)
Sincerely,
Michael Avanesian
Law Offices of David A. Tilem
_www.tilemlaw.com_ (http://www.tilemlaw.com/)
818-507-6000
On Tue, Oct 29, 2013 at 1:50 PM, Steven B. Lever wrote:
Hi Gaurav:
As I understand it, the percentage actually paid is done after the fact
when the trustee expenses versus revenues is figured out. So they tell us to
use 11%. Maybe someone knows the rules better than I.
Steven B. Lever
[mailto:_cdcbaa@yahoogroups.com_ (mailto:cdcbaa@yahoogroups.com) ] On Behalf Of Gaurav
Datta
Sent: Monday, October 28, 2013 4:30 PM
To: _cdcbaa@yahoogroups.com_ (mailto:cdcbaa@yahoogroups.com)
Subject: [cdcbaa] Chapter 13 trustee fees
Hi all,
Is there a statute or a local rule that sets the chapter 13 trustee fees
at a certain percentage? I am curious as to the lowest percentage of thetotal plan our local CDCA chapter 13 trustees will take in fees.
Gaurav Datta, Esq.,LL.M
4401 Atlantic Ave, Ste 225
Long Beach, CA 90807
Phone: _562-984-2074_ (tel:562-984-2074)
Fax: _562-984-2081_ (tel:562-984-2081)
The Chapter 13 trustee is capped on her income after overhead, so that
is why the percentage varies from year to year. If there is lowvolume trustee does not make the max income and the percentage is
10%. High volume trustee max income reached and thus a lower trustee
percentage.
Mark T.
JesseeLaw Offices of Mark T. Jessee"A Debt Relief Agency"50 W.Hillcrest Drive, Suite 200Thousand Oaks, CA 91360(805) 497-5868 (805)
497-5864 (Facsimile)NOTICE TO RECIPIENT: THIS E-MAIL IS MEANT FOR ONLY
THE INTENDED RECIPIENT OF THE TRANSMISSION, AND THIS COMMUNICATION IS INTENDED
TO BE PRIVILEGED BY LAW. IF YOU RECEIVED THIS E-MAIL IN ERROR, ANY REVIEW, USE,
DISSEMINATION, DISTRIBUTION, OR COPYING OF THIS E-MAIL IS STRICTLY PROHIBITED.
PLEASE NOTIFY US IMMEDIATELY OF THE ERROR BY RETURN E-MAIL AND PLEASE DELETE
THIS MESSAGE FROM YOUR SYSTEM. THANK YOU IN ADVANCE FOR YOUR COOPERATION.
In a message dated 10/29/2013 3:51:21 P.M. Pacific Daylight Time,
michael@avanesianlaw.com writes:
Why would they take less than the maximum allowed by law? If this
is a Chapter 13 case, I believe the maximum is 10% and that's what they
take.
I am basing this on my reading of 28 U.S.C. 586 (e)(1)(B)
Sincerely,
Michael Avanesian
Law Offices of David A. Tilem
www.tilemlaw.com
818-507-6000
On Tue, Oct 29, 2013 at 1:50 PM, Steven B. Lever <sblever@leverlaw.com> wrote:
Hi
Gaurav:
As I understand it, the
percentage actually paid is done after the fact when the trustee expenses
versus revenues is figured out. So they tell us to use 11%. Maybe someone knows the rules better than I.
Steven B. Lever
From: cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com] On Behalf Of Gaurav DattaSent: Monday, October 28, 2013 4:30 PMTo: cdcbaa@yahoogroups.comSubject: [cdcbaa] Chapter
13 trustee fees
Hi all,
Is there a statute or a local rule that sets the chapter
13 trustee fees at a certain percentage? I am curious as to the lowest
percentage of the total plan our local CDCA chapter 13 trustees will take in
fees.
-- Gaurav Datta, Esq.,LL.M4401 Atlantic Ave,
Ste 225Long Beach, CA 90807Phone: 562-984-2074Fax: 562-984-2081
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