Trustee Payment of Routine Expenses. The trustee is authorized to pay routine,

U.S. Bankruptcy Court for the District of New Mexico

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the District of New Mexico

Rule: 2015-1

Jurisdiction: DNMB

Bluebook Citation: Bankr. D.N.M. R. 2015-1

All Rules: Bankr. D.N.M. Local Bankruptcy Rules, complete index


Text

reasonable, and necessary administrative expenses, except for professional fees, of $1,000 or less per expense, up to an aggregate of $2,500. Neither notice to creditors nor a court order is required for such payments, provided the funds used are not a creditor’s cash collateral or otherwise encumbered.

Chat with this local rule using AI

Ask CiteLaw's AI Navigator anything about this local rule, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.