What does Notice of Hearing on Application For Compensation?
We have received a letter today that states Notice of Hearing on Application for Compensation. The fees that the trustee put are calculated $9000. What does this mean? We provided him a check in the amount of $16,000 tax refund during 341 meeting since we had no other assets.
3 attorney answers
The professional is requesting an award of fees to be paid from the funds that the Trustee is holding. It probably took a year for the Trustee to review the file, confirm that there are no other assets and to review the claims filed. I would suggest that you confer with your bankruptcy counsel or consult with counsel so you fully understand what has happened and what is happening.
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Did you retain an attorney for the Bankruptcy? This means that you had an "asset" case and the Trustee is applying to the Court for compensation for work that the Trustee did and that will come out of the money you paid from your income tax return. This is just one of countless examples of why people need to retain attorneys whenever they have a legal problem.
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