Athens-Clarke County, Georgia bankruptcy trustee

A Athens-Clarke County, Georgia bankruptcy trustee in can use, sell, or lease property in the debtor's estate in the ordinary course of business. Besides, a bankruptcy court will allow the trustee to operate the filer’s business for a certain time when continued operation is in the best interests of the all. For example, if the farm debtor is in the hog business and the estate is made of hogs of varying sizes, the trustee can be ordered to feed the hogs till they attain market weight so as to maximize the amount recovered by the estate. But, when the livestock owned by a farm debtor is subject to a valid, perfected security interest, the trustee will not, in almost all cases, undertake the continued care and feeding of the livestock. Instead, he may abandon the property to limit the estate's continued responsibility. Though the appointment of a case trustee is very rare in a chapter 11 case, a party in interest or the United States trustee can apply for the appointment of a case trustee or examiner at any time prior to confirmation in a chapter 11 proceeding. The judge, on request by a party in interest or the United States trustee and subsequent to notice and hearing, can direct the appointment of a case trustee for cause, including fraud, dishonesty, incompetence, or gross mismanagement, or if such an appointment is in the interest of creditors, any equity security holders, and other interests of the estate.

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