Section 330 - Compensation of Officers

Title 11 of the United States Code - Bankruptcy
CASE ADMINISTRATION – CHAPTER 3

Compensation of Officers- Section 330
11 USCS § 330


(a) (1) After notice to the parties in interest and the United States Trustee and a hearing, and subject to sections 326, 328, and 329 [11 USCS §§ 326, 328, and 329], the court may award to a trustee, a consumer privacy ombudsman appointed under section 332 [11 USCS § 332], an examiner, an ombudsman appointed under section 333 [11 USCS § 333], or a professional person employed under section 327 or 1103 [11 USCS § 327 or 1103]--
      (A) reasonable compensation for actual, necessary services rendered by the trustee, examiner, ombudsman, professional person, or attorney and by any paraprofessional person employed by any such person; and
      (B) reimbursement for actual, necessary expenses.
   (2) The court may, on its own motion or on the motion of the United States Trustee, the United States Trustee for the District or Region, the trustee for the estate, or any other party in interest, award compensation that is less than the amount of compensation that is requested.
   (3) In determining the amount of reasonable compensation to be awarded to an examiner, trustee under chapter 11 [11 USCS §§ 1101 et seq.], or professional person, the court shall consider the nature, the extent, and the value of such services, taking into account all relevant factors, including--
      (A) the time spent on such services;
      (B) the rates charged for such services;
      (C) whether the services were necessary to the administration of, or beneficial at the time at which the service was rendered toward the completion of, a case under this title [11 USCS §§ 101 et seq.];
      (D) whether the services were performed within a reasonable amount of time commensurate with the complexity, importance, and nature of the problem, issue, or task addressed;
      (E) with respect to a professional person, whether the person is board certified or otherwise has demonstrated skill and experience in the bankruptcy field; and
      (F) whether the compensation is reasonable based on the customary compensation charged by comparably skilled practitioners in cases other than cases under this title [11 USCS §§ 101 et seq.].
   (4) (A) Except as provided in subparagraph (B), the court shall not allow compensation for--
         (i) unnecessary duplication of services; or
         (ii) services that were not--
            (I) reasonably likely to benefit the debtor's estate; or
            (II) necessary to the administration of the case.
      (B) In a chapter 12 or chapter 13 [11 USCS §§ 1201 et seq. or 1301 et seq.] case in which the debtor is an individual, the court may allow reasonable compensation to the debtor's attorney for representing the interests of the debtor in connection with the bankruptcy case based on a consideration of the benefit and necessity of such services to the debtor and the other factors set forth in this section.
   (5) The court shall reduce the amount of compensation awarded under this section by the amount of any interim compensation awarded under section 331 [11 USCS § 331], and, if the amount of such interim compensation exceeds the amount of compensation awarded under this section, may order the return of the excess to the estate.
   (6) Any compensation awarded for the preparation of a fee application shall be based on the level and skill reasonably required to prepare the application.
   (7) In determining the amount of reasonable compensation to be awarded to a trustee, the court shall treat such compensation as a commission, based on section 326 [11 USCS § 326].
 
(b) (1) There shall be paid from the filing fee in a case under chapter 7 of this title [11 USCS §§ 701 et seq.] $ 45 to the trustee serving in such case, after such trustee's services are rendered.
   (2) The Judicial Conference of the United States--
      (A) shall prescribe additional fees of the same kind as prescribed under section 1914(b) of title 28; and
      (B) may prescribe notice of appearance fees and fees charged against distributions in cases under this title [11 USCS §§ 101 et seq.]; to pay $ 15 to trustees serving in cases after such trustees' services are rendered. Beginning 1 year after the date of the enactment of the Bankruptcy Reform Act of 1994 [enacted Oct. 22, 1994], such $ 15 shall be paid in addition to the amount paid under paragraph (1).
 
(c) Unless the court orders otherwise, in a case under chapter 12 or 13 of this title, the compensation paid to the trustee serving in the case shall not be less than $ 5 per month from any distribution under the plan during the administration of the plan.
 
(d) In a case in which the United States trustee serves as trustee, the compensation of the trustee under this section shall be paid to the clerk of the bankruptcy court and deposited by the clerk into the United States Trustee System Fund established by section 589a of title 28.


Title 11, the United States Bankruptcy Code, is a valuable resource for anyone in search of bankruptcy information, clarity on its various sections and descriptions of chapters of bankruptcy.  Sagaria Law has uploaded the US bankruptcy code on our website to make it accessible to our bankruptcy clients and bankruptcy website visitors.  We hope that you will take advantage of its easy layout and the fact that you cannot find it many places on the web other than here and a few government or University websites.
At our Roseville bankruptcy firm, we serve the greater Placer County community with any and all bankruptcy services and assistance.  Our Roseville bankruptcy attorneys remain available to you throughout every step of your bankruptcy.  Experience the Sagaria Law difference by visiting our Roseville office, or any of our 10 bankruptcy office locations throughout California and Oregon.  We look forward to serving you!
Attorney Consultation!! $99 Retainer Fee!! Free Bankruptcy Evaluation
Motivation Bills Assets Budget
The law varies from state-to-state — please provide your zip code!

Why are you considering bankruptcy? (select all that apply)









Motivation Bills Assets Budget

What bills do you have? (select all that apply)








Motivation Bills Assets Budget
Do you own real estate ?
If Yes , are you behind in these payments?


Do you own an automobile ?
If Yes , are you behind in these payments?


Do you have any additional assets worth more than $1000.00?
Motivation Bills Assets Budget

What types of income do you have? (select all that apply)






$
Contact Info Your Evaluation

Call For A Consultation

toll free: 1-866-447-8460