Chatham County GA Bankruptcy case trustee attorneys
Case trustee in Savannah GA
Though the appointment of a case trustee is very rare in a chapter 11 case, a party in interest or the United States trustee can seek the appointment of a case trustee or examiner at any time prior to confirmation in a chapter 11 proceeding. The court, on request by a party in interest or the United States trustee and subsequent to notice and hearing, may direct the appointment of a case trustee for cause, including fraud, dishonesty, incompetence, or gross mismanagement, or if such an appointment is in the interest of creditors, any equity security holders, and other interests of the estate. The trustee is appointed by the United States trustee, on consultation with parties in interest and subject to the courts approval. The trustee in a case may be elected if a party in interest seeks the election of a trustee within 30 days of the court order appointing a trustee. In these cases, the United States trustee convenes a meeting of creditors for electing a person to act as trustee in the case.
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Savannah Georgia bankruptcy lawyer | Bankruptcy attorneys in Savannah GA and Richmond Hill – Filing for Chapter 13 Bankruptcy and Chapter 7 Bankruptcy in Savannah GA
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