The Case is Converted. Now What?

By Jeremy Gugino, Chapter 7 Trustee, Boise, ID

The conversion of a case from Chapter 11, 12 or 13 to Chapter 7 gives rise to a plethora of issues for both Debtor’s attorneys and Trustees. For instance, what is property of the estate? Who is in charge? Will Debtor’s attorneys get paid for their Chapter 11 work? This brings up a number of issues that both Debtor’s attorneys and Trustees have to consider. Below are a few.

Whether it’s an individual case or a business Chapter 11, it is important for the Trustee and . . .

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