Resolved: A Chapter 7 Trustee May File Proofs of Claim on Behalf of Unsecured Creditors

Jul 25, 2014News

Attorneys Steven Weiss and L. Alexandra Hogan recently had an article posted in the Journal of the National Association of Bankruptcy Trustees. 

The key talking points of the article are:

  • The Bankruptcy Code and Rules permit the filing of claims by trustees.
  • Filing claims to maximize returns to creditors is consistent with our duties.
  • When the claims are supported by information in the Debtors’ schedules, filing claims is not frivolous.

Please find the full article here.