DISCLOSURE OF AGREEMENTS BETWEEN DEBTORS AND THEIR
U.S. Bankruptcy Court for the Northern District of Illinois
U.S. Bankruptcy Court for the Northern District of Illinois
Each agreement between a debtor and the debtor’s attorney relating directly or indirectly to compensation paid or given, or to be paid or given, to or for the benefit of the attorney, must be in writing and must be signed by the debtor and the attorney. Agreements subject to this Rule include the Court-Approved Retention Agreement, other fee or expense agreements, wage assignments, and security agreements of all kinds. Each agreement must be attached to the attorney’s disclosure statement under Rule 2016(b) of the Federal Rules of Bankruptcy Procedure. An agreement signed after the disclosure statement has been filed must be filed within 14 days as a supplement to the disclosure statement.
10 RULE 2030-1 SURETIES ON BONDS A. Security for Bonds Except as otherwise provided by law, every court-ordered bond or similar undertaking must be secured by: (1) the deposit of cash or obligations of the United States in the amount of the bond; (2) the undertaking or guaranty of a corporate surety holding a certificate of authority from the Secretary of the Treasury; or (3) the undertaking or guaranty of two individual residents of this district. B. Affidavit of Justification A person acting as surety under section (A)(3) must file with the court an affidavit of justification. The affidavit must contain the person’s full name, occupation, and home and business addresses. The affidavit must show that the person owns real or personal property in this district valued at no less than twice the amount of the bond, after excluding property exempt from execution and deducting the person’s debts, liabilities, and other obligations (including those that may arise because of the person’s suretyship on other bonds or undertakings).
C. Restriction on Sureties No attorney or employee of the bankruptcy court may act as surety in any case or proceeding in this court.
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