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Illinois attorneys application For Chapter 13 Compensation Under Court-APProved Retention agreement (Cases Filed On Or after 4-20-15)

State:
Illinois
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IL-SKU-0222
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attorneys application For Chapter 13 Compensation Under Court-APProved Retention agreement (Cases Filed On Or after 4-20-15) The Illinois attorneys' application for chapter 13 compensation under court-approved retention agreement (Cases Filed On Or after 4-20-15) is an agreement between the bankruptcy attorney and the court that governs the attorney’s compensation for services rendered in a chapter 13 bankruptcy case. The agreement sets forth the amount of compensation to be paid, the manner in which the compensation is to be paid, and the ability of the court to adjust the compensation if it determines that it is not reasonable. The agreement also includes provisions for the attorney to be reimbursed for reasonable and necessary expenses, such as court filing fees and other costs associated with the case. There are two types of Illinois attorneys applications for chapter 13 compensation under court-approved retention agreement: the “Regular” and the “Supplemental.” The Regular application is used when the attorney initially files the case, and the Supplemental application is used when there are significant changes to the case, such as an increase in the debtor’s debt or a change in the payment plan. Both applications require that the attorney provide detailed information about the case, the services they have performed, and the amount of compensation being requested. The court then reviews the application and decides whether to approve the compensation or reject it. If approved, the attorney is then paid the approved amount.

The Illinois attorneys' application for chapter 13 compensation under court-approved retention agreement (Cases Filed On Or after 4-20-15) is an agreement between the bankruptcy attorney and the court that governs the attorney’s compensation for services rendered in a chapter 13 bankruptcy case. The agreement sets forth the amount of compensation to be paid, the manner in which the compensation is to be paid, and the ability of the court to adjust the compensation if it determines that it is not reasonable. The agreement also includes provisions for the attorney to be reimbursed for reasonable and necessary expenses, such as court filing fees and other costs associated with the case. There are two types of Illinois attorneys applications for chapter 13 compensation under court-approved retention agreement: the “Regular” and the “Supplemental.” The Regular application is used when the attorney initially files the case, and the Supplemental application is used when there are significant changes to the case, such as an increase in the debtor’s debt or a change in the payment plan. Both applications require that the attorney provide detailed information about the case, the services they have performed, and the amount of compensation being requested. The court then reviews the application and decides whether to approve the compensation or reject it. If approved, the attorney is then paid the approved amount.

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Illinois attorneys application For Chapter 13 Compensation Under Court-APProved Retention agreement (Cases Filed On Or after 4-20-15)