Debtor Audits Start Again Monday
By Jill Michaux, Kansas Bankruptcy Attorney on May 9, 2008 in Bankruptcy Practice and Procedure, General Bankruptcy Information, Kansas
The Executive Office of the U.S. Trustee announced today that it will resume auditing debtors in consumer bankruptcy cases starting May 12, 2008. One in 1000 consumer bankruptcy cases in each judicial district will be chosen for random audit, according to the program’s website.
The debtor audits were temporarily halted by the U.S. Trustee program in January 2008 for budgetary reasons. Previously, 1 in 250 consumer bankruptcy cases were selected for random audit by independent accounting firms contracted for by the U.S. Trustee Program.
Fellow blogger Peter Orville of upstate New York previously did a series of posts on the debtor audits that are worth revisiting:
- What have the bankruptcy audits found?
- What do I do if my case is chosen for audit?
- What is the time line for an audit?
- What does the audit firm do if my case is chosen for an audit?
- What if the auditor of my chapter 7 or chapter 13 case finds a material mistatement?
If you liked that post, then try these...
Can Bankruptcy Court Bind Claims Against Debtor's Insurer? U.S. Supreme Court to Decide in Asbestos Case by Jill Michaux, Kansas Bankruptcy Attorney
Can A Lawyer Be Sued For Wrongfully Collecting A Debt? by Andy Miofsky, Illinois Bankruptcy Attorney
In re Montanaro: The Fallout From In re Addison Continues by Craig Andresen, Attorney at Law
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