The country's shattered economy has driven many a distressed debtor to bankruptcy court for relief.
Yet their creditors may walk away with nothing because of costs claimed by some bankruptcy trustees administering the estates.
Those bankruptcy trustees, who are appointed by the U.S. Trustee Program and are allowed to appoint themselves as attorney as well, argue that pocketing money recovered from debtors without disbursing any to creditors is within the law.
Some highly placed bankruptcy attorneys in Northwest Indiana, however, say the practice — especially with estates of less than $5,000 — is an abuse of the system.
Read the rest of the article at NWITimes.com
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