TOM POWERS, TRUSTEE 2025

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The document outlines the requirements for Chapter 13 bankruptcy applicants to make payments via payroll deduction, effective for those who filed on or after October 17, 2005. It details the process of completing a Wage Directive Information Sheet, the initiation of payroll deductions, and payment instructions. It emphasizes that initial payments must be made by cashier's check or money order, and provides contact information for the Trustee's office.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much does a Chapter 13 trustee get paid?

As of Mar 14, 2025, the average hourly pay for a Chapter 13 Trustee in the United States is $19.95 an hour.

What are the powers of a trustee?

Normally, a Trustee will have the following powers: to invest the Trust assets; to deal with land; to delegate certain matters to an agent or nominee; to insure the Trusts property; to make advances of capital to beneficiaries; to provide for beneficiaries who are under age; and to lend funds to beneficiaries.

What does the trustee do in Chapter 7?

Can I Sue a Chapter 7 Trustee? It would be unusual for a debtor to sue a Chapter 7 trustee after bankruptcy because of wrongdoing related to the bankruptcy case. Why? Because the debtor can object to a trustees action against any property in the bankruptcy case itself before the trustee takes action.

How much do Chapter 13 trustees get paid?

Chapter 13 Trustee Salary Annual SalaryHourly Wage Top Earners $50,000 $24 75th Percentile $46,500 $22 Average $41,500 $20 25th Percentile $37,000 $18

What are trustee payments?

Trustee compensation, which is taxable income, is payment for the hard work and time a Trustee pours into their duties managing a trust estate. Understanding Trustee compensation is like knowing the rules of the gameit helps maintain a level of professionalism and confidence, which makes managing a trust a smoother

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Does Chapter 13 Trustee monitor income?

A trustee wont monitor your income, but you should report changes to your finances. No matter how small, a change in income can impact your payment plan. Information withheld can result in fraud or hefty fees.

What is a typical payment in Chapter 13?

If you filed for bankruptcy to avoid foreclosure or are behind in house payments, your Chapter 13 plan payment could be more or less $1500 per month. Additionally, high income, high debt Chapter 13 filers would usually be required to make payments between $2000 and $3000, or even more.

TOM POWERS, TRUSTEE 2025

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