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<classification authority="sudocs">GA 1.13:GGD-95-36FS</classification>
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 <subject>Bankruptcy</subject>
 <subject>Administrative costs</subject>
 <subject>Legal fees</subject>
 <subject>Compensation</subject>
 <subject>Lawyers</subject>
 <subject>Civil procedure</subject>
 <subject>Claims settlement</subject>
 <subject>Legal aid</subject>
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<titleInfo>
 <title>Bankruptcy Professional Fees: Guidelines for Reviewing Fee Applications</title>
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<abstract>This fact sheet provides information on the guidelines used by Assistant
U.S. Trustees within the Justice Department to assess the reasonableness
of fee requests from attorneys and other professionals involved in
bankruptcy cases.  GAO surveyed Assistant U.S. Attorneys on (1) the
guidelines they used to review professionals&apos; fee requests overall and
in chapter 11 cases specifically, (2) the reasons the local Office of
U.S. Trustees or other parties in bankruptcy cases have objected to
chapter 11 fee applications, and (3) the adequacy of compensation for
private trustees in chapter 7 cases.  GAO also examines differences in
the offices with and without guidelines in U.S. Trustee activities, such
as the time spent reviewing professional fee applications, the frequency
and the types of objectives made to those applications, and the
frequency of informal consultation on fee applications.</abstract>
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<identifier type="preferred citation">GAO/GGD-95-36FS</identifier>
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<note>Fact Sheet</note>
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<subject>
 <topic>Bankruptcy</topic>
 <topic>Administrative costs</topic>
 <topic>Legal fees</topic>
 <topic>Compensation</topic>
 <topic>Lawyers</topic>
 <topic>Civil procedure</topic>
 <topic>Claims settlement</topic>
 <topic>Legal aid</topic>
 <topic>Trusts and estates law</topic>
 <topic>Surveys</topic>
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<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 598 (95th Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 95-598</identifier>
</relatedItem>
<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 554 (99th Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 99-554</identifier>
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<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Public Law 394 (103rd Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 103-394</identifier>
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