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How Do Trustees Get Paid

How do Trustees get Paid?

How do Trustees get Paid? This is a common question that Trustees in Bankruptcy receive from friends, family, fellow professionals, and clients alike. “But Steve, if the debtor can’t afford to pay their creditors, how can they afford to pay you?” It’s a logical question with a simple answer: The debtor pays a fraction of what they owe on a monthly basis and our fee is included in those payments.  Funds received by us are placed into a trust account that ...

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