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Trustee Fees

Is it typical for a trustee to ask for fees in advance in a joint proposal of $900 per person (they called them retainer fees)… and then still have to pay the monthly or should those fees be rolled into the monthly payment?

Posted from: Manitoba

One Response to “Trustee Fees”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

It really depends on the trustee. I don’t, I simply have people make their first payment when they sign the proposal documents. But there are some trustee’s who do require a deposit/retainer.