NOTICE OF PROPOSED AUCTIONEER COMPENSATION

 

COMPLETING THE NOTICE

 

A sample Notice of Auctioneer Compensation containing numbered fields is attached. The following chart includes instructions and tips on completing each field.  It is important to complete the form correctly and accurately, as the Court will be sending an exact copy of what is filed to all creditors and parties in interest in the case. This is the only notice parties will receive.

 

 

Field Number

 

Information To Be entered

 

1

 

Enter the debtor's full name. Include the joint debtor's name if it is a joint case.

 

2

 

Enter the case number.

 

3

 

Enter the Chapter under which the case is pending.

 

4

 

Enter the name of the judge presiding over the case, e.g., FERGUSON.

 

5

 

Enter the name of the auctioneer, e.g. ABC Auctions, Inc.

 

6

 

Enter the amount of compensation being requested by the auctioneer.

 

7

 

Enter the amount of expenses being requested by the auctioneer.

 

8

 

Enter the address of the Clerk's Office where the case is pending, e.g., Clerk, US Bankruptcy Court, 402 East State Street, Trenton, NJ 08608.

 

9

 

Enter the name of the party who wishes to be served with objections to the Notice of Proposed Auctioneer Compensation, e.g., John Smith, Trustee.

 

10

 

Enter the complete address where objection should be served; example: John Smith, Trustee, Smith & Smith, 1 Main Street, Suite 250, Trenton, NJ 08608.

 

11

 

Enter the phone number of the party who will be receiving objections; example: 973-645-1234.

 

12

 

Sign the Notice of Proposed Auctioneer Compensation. (An electronic signature may be used, e.g., /s/ John Smith).

 

13

 

Enter the date the Notice of Proposed Auctioneer Compensation is being filed, e.g., November 1, 2009.

 

 

UNITED STATES BANKRUPTCY COURT

DISTRICT OF NEW JERSEY

 

In Re:                                                                           Case No.:         _________[2]_________

[1]                                                                                Chapter:           _________[3]_________

Judge:               _________[4]_________

 

 

NOTICE OF PROPOSED AUCTIONEER COMPENSATION

 

 

The court having waived the requirement of filing an application for auctioneer compensation and reimbursement of expenses pursuant to D.N.J. LBR. 2014-1(c)(2)_____________[5]____________, auctioneer, in the above captioned case is pursuant to D.N.J. LBR 2016-1(g), hereby providing notice of a request for compensation and reimbursement of expenses in the amounts that follow.

[6] Request for compensation in the amount of :

 

[7] Request for reimbursement of expenses in the amount of :

 

If any creditor or other party in interest has an objection to the proposed compensation or reimbursement of expenses, a written objection and a request for a hearing must be served upon the party named below and filed with the Clerk of the United States Bankruptcy Court no later than 21 days from the date of this notice.

[8] Address of the Clerk:

 

 

In the event an objection is timely filed, the court may require that an application for compensation and reimbursement of expenses be filed under D.N.J. LBR 2016-1, or that a hearing be held. 

Objections shall be served on the following party at the address indicated:

Name:                          _________________________[9]________________________________

Address:                      ________________________ [10]________________________________

Telephone No.:            ________________________ [11]________________________________

Signature:                    ________________________ [12]________________________________

Dated:                          ________________________ [13]________________________________

 

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NOTICE OF PROPOSED AUCTIONEER COMPENSATION

 

STEP 1           Click Bankruptcy on the Main Menu

STEP 2           Select Misc. Events from the list of event categories

STEP 3           Enter the case number; click [NEXT]

STEP 4           Select Notice of Auctioneer Compensation from the list of events; click [NEXT]

STEP 5           Click [NEXT] to skip this screen

STEP 6           Select the auctioneer as the party; click [NEXT]

TIP - If the Auctioneer has not been added to the case click the Add/Create New Party link to do so.

STEP 7           Click [NEXT] to skip this screen

TIP - A trustee or trustee's attorney should not create an attorney relationship with the auctioneer.

STEP 8          Upload the completed Notice of Proposed Auctioneer Compensation form; click [NEXT]

STEP 9          Click [NEXT] to accept the deadline for filing objections

TIP - the deadline automatically calculates for 21 days from the date you are filing the Notice. DO NOT MODIFY.

STEP 10        Click [NEXT] to skip this screen

STEP 11         Docket text appears. Review for accuracy; modify if appropriate; click [NEXT]

TIP - The text of this docket entry cannot be modified from this screen. If modification is necessary, use the [BACK] button on your browser to return to the screen where the error was made. Alternatively, you can click Bankruptcy on the main menu to abort the transaction and begin again.

SAMPLE DOCKET TEXT

Notice of Auctioneer Compensation filed by Test Trustee on behalf of Test Client. Auctioneer Objection Deadline is [date]. (trustee)

STEP 12         Notice of Electronic Filing displays