Congress finds trustees are paid $60 a case in nearly 90 percent of cases
To amend titles 11 and 28, United States Code, to modify the compensation payable to trustees serving in cases under chapter 7 of title 11, United States Code, to extend the term of certain temporary offices of bankruptcy judges, and for other purposes, section 2, Sec. 2.
Written by .
Congress finds trustees are paid $60 a case in nearly 90 percent of cases
The document says “should”Who acts: CongressHow: statuteSec. 2 in the PDF
What the document says
“As in 1994, bankruptcy trustees receive only $60 per case (composed of $45 from subsection 330(b)(1), and $15 from subsection 330(b)(2), of title 11, United States Code) in nearly 90 percent of chapter 7 cases”
The second claim in the seventh finding. Congress states the figure: $60 a case in nearly 90 percent of chapter 7 cases, made up of $45 under section 330(b)(1) of title 11, United States Code, and $15 under section 330(b)(2). Section 3 of this Act raises the first of those two amounts.
What the document actually says
“As in 1994, bankruptcy trustees receive only $60 per case (composed of $45 from subsection 330(b)(1), and $15 from subsection 330(b)(2), of title 11, United States Code) in nearly 90 percent of chapter 7 cases”
That sentence, in plain words
Congress says the pay is sixty dollars a case. That is the pay in almost nine cases in ten.
What this is about
The sixty dollars comes from two rules. One rule pays forty five dollars. The other pays fifteen.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
The quotation is the document's own words, exactly as printed, and we check the page
number against the Act itself before publishing. The paragraph underneath is our summary,
not the document's words. So is the plain English version, which is why it sits beside the
quotation rather than replacing it.
