Warner Robins GA Examiner lawyers
Examiner in Chapter 11 Bankruptcy in Macon GA
The appointment of an examiner in a chapter 11 proceeding rarely happens, as does the appointment of a case trustee. Besides, the responsibilities of an examiner is usually more limited compared to of a trustee. The examiner is authorized to conduct the investigatory role of the trustee and must file a statement of any investigation performed. When directed to do so by the judge, an examiner can perform any other duties of a trustee that the judge orders the debtor in possession not to carry out. Each court may decide the duties of an examiner in each proceeding. In certain proceedings, the examiner may file a plan of reorganization, negotiate or assisit the parties negotiate, or review the debtors schedules to find out whether some of the claims are incorrectly listed as disputed, contingent, or unliquidated, and also whether other claims must be listed as such. Many times the examiner can be directed to determine whether objections to any proofs of claim should be filed or if causes of action have enough merit so that further action should be taken. The examiner in a proceeding, however, can not serve as a trustee.
———————
Macon Georgia bankruptcy lawyer | Bankruptcy attorneys in Macon GA and Warner Robins – Filing for Chapter 7 Bankruptcy and Chapter 13 Bankruptcy in Macon GA
http://www.macongabankruptcy.com