NOTICE – Telephonic 341 Protocol

On March 30, 2020, we posted our Protocol for telephonic 341’s. These have been going well, and we thank everyone for their cooperation. The Attorney Declaration form we were using required modifications, as noted in the prior Protocol. We were made aware of another Attorney Declaration form on the UST site, apparently from another region, simpler and better suited to our needs. Therefore, we have modified the Protocol, as attached, which includes a fillable version of the updated Attorney Declaration. Please use this form going forward.

PROTOCOL

DECLARATION FORM

As previously posted, our commission increased to 10% on May 1. There have been questions regarding the calculations needed to fund a plan. The steps are as follows: (1)  take the total amount of claims to be paid, including attorneys’ fees, and (2) divide the total by 0.9. For example, if there are $5,000 in attorneys’ fees, $5,000 in priority claims, $20,000 in secured claims, and $10,000 in unsecured claims, the total = $40,000. The trustee commission = $40,000/0.9 = $4,444, for a total plan = $44,444. Please refer any specific questions to the staff attorney or paralegal handling a particular judge’s list.