Comment on FR Doc # E8-01450

Document ID: DOJ-EOUST-2008-0003-0003
Document Type: Public Submission
Agency: Department Of Justice
Received Date: February 19 2008, at 06:59 PM Eastern Standard Time
Date Posted: February 22 2008, at 12:00 AM Eastern Standard Time
Comment Start Date: February 4 2008, at 12:00 AM Eastern Standard Time
Comment Due Date: April 4 2008, at 11:59 PM Eastern Standard Time
Tracking Number: 803b89d1
View Document:  View as format xml

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I have been a Bankruptcy Trustee or many years. Trustees (All Chapters) should not be placed with additional Reporting Burdens. In No-Asset Cases the Trustees are paid $60 to Investigate the Case and conduct the Section 341 Hearing. The proposed Rule Requires submitting detailed Reports concerning all assets and all claims to the U.S.Trustee (U.S.T.) for review and U.S.T. approval. This will increase the amount of work required of the case trustee ---- Case trustees are paid $60 Max. per case. Also in some of these cases there is no payment to the trustee when the filing fees are waived or not paid by the debtor.. Presently a simple one paragraph report is filed with the Court in No-Asset cases. Some consideration should also be given of the U.S. Trustee's potential refusal to approve Reports, the costs to prepare and mail these reports to the U.S.T. I would also request that the Trustee's Final Report (TFR) in Smaller cases (Less than $10K) be simplified. Jim D. Smith, Bankruptcy Trustee... Yuma, AZ 85364

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