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

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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.