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Maryland Supplemental Disclosure of Compensation Of Attorney For Debtor

State:
Maryland
Control #:
MD-SKU-0458
Format:
PDF
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Description

Supplemental Disclosure of Compensation Of Attorney For Debtor

The Maryland Supplemental Disclosure of Compensation of Attorney for Debtor (“MD Supplemental Disclosures”) is a set of forms that provide detailed information about the compensation received by a debtor’s attorney in a bankruptcy case. The MD Supplemental Disclosures are required by the Maryland Bankruptcy Court in order to ensure transparency in the bankruptcy process and protect the debtor from excessive or unnecessary charges. The MD Supplemental Disclosures consist of two forms: the Maryland Supplemental Disclosure of Compensation and the Maryland Supplemental Disclosure of Non-Compensable Services. The Maryland Supplemental Disclosure of Compensation includes information about the amount of compensation received by the debtor’s attorney, the type of work performed, and the date of the payment. The Maryland Supplemental Disclosure of Non-Compensable Services includes information about any services provided by the attorney that were not compensated, such as document preparation, research, or consultation. Both forms must be signed by the debtor, the attorney, and the bankruptcy court. The MD Supplemental Disclosures are designed to ensure that the debtor’s attorney is not receiving excessive or unnecessary compensation. The court will review the forms to ensure that all applicable fees have been disclosed and that the debtor has been adequately informed of all costs associated with the bankruptcy process.

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Maryland Supplemental Disclosure of Compensation Of Attorney For Debtor