trustee commission

How Does A Chapter 13 Bankruptcy Trustee Get Paid?

by Dana Wilkinson, Attorney at Law

A Chapter 13 is a bankruptcy reorganization for individuals–a payment plan, in other words.  The bankruptcy court appoints a trustee (there are standing trustees who serve that function in each district) and the trustee collects payments from debtors, and distributes that money to creditors. So, how does the Chapter 13 trustee get paid? The Chapter [...]