The change in procedures for debtor representation is in response to the “low money down” or “no money down” fee structures in Chapter 7 bankruptcy cases.
June 17, 2021 at 04:40 PM
5 minute read
A federal bankruptcy court in Miami entered a groundbreaking ruling Wednesday afternoon that has upended an increasingly popular fee structure in insolvency filings.
And Merrick L. Gross, a shareholder at Carlton Fields in Miami, said the U.S. Bankruptcy Court for the Southern District of Florida’s ruling would provide more access to legal representation in Chapter 7 cases for debtors with limited means, while establishing protection from the litigators that defend them.
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Chief Judge Laurel M. Isicoff of the U.S. Bankruptcy Court in Miami, Florida. Courtesy photo
