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Bankruptcy courts appoint a trustee to represent the interests of the creditors and administer the cases. The U.S. Trustee [3] appoints Chapter 7 trustees for a renewable period of 1 year, Chapter 13 trustees are "standing trustees" who administer cases in a specific geographic region.
The Standing Trustees are responsible for the administration of all Chapter 13 cases filed in their judicial district. If for any reason all panel and/or standing trustees are disqualified or unable to perform, the U.S. Trustee may serve as trustee for a particular case under Chapter 7, 12 or 13. This very rarely happens.
Chapter 7 trustees are selected by the U.S. Trustee from a "panel" of individuals residing or having offices in the judicial district where the bankruptcy case is filed. Federal law prohibits the U.S. Trustee from requiring the trustee to be licensed as an attorney. Because trustees must be knowledgeable about bankruptcy law and procedure in ...
As of 2023, California's 7th congressional district is located in the Sacramento Valley, and encompasses most of Sacramento County and parts of Yolo. Sacramento County is split between this district and both the 3rd district and 6th district. The 7th and 3rd districts are partitioned by Latrobe Rd.
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A statement from a spokesperson for the Seidler Trust, which controls the Padres, called her complaint "entirely without merit." Last month, the Padres named John Seidler, the oldest of Peter's ...
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. ... where he recently won approval to build a 255-acre warehousing project along 7th Standard Road.