At West London Law, we understand that trustee costs can quickly become overwhelming, impacting the value of the trust and the interests of its beneficiaries. We can help challenge and reduce your trustee’s costs, working to negotiate fairer fees and eliminate unnecessary charges.
Do you wish to challenge your trustee’s costs?
Challenging Trustee’s Costs FAQ'S
We routinely write to trustee’s in bankruptcy to request detailed information regarding their costs, including supporting documentation. Once we receive these documents, our team carefully reviews and assesses the costs to ensure they are reasonable and justified.
We work to reduce trustee and legal costs by focusing on key factors in the negotiation process. This includes assessing the necessity of the work performed, evaluating the qualifications of the personnel assigned to the case, and analyzing the time spent on each task. Through these steps, we’ve successfully reduced trustee’s costs without the need for court proceedings.
In most cases, only creditors and the bankrupt individual have the legal right to challenge a trustee’s remuneration. However, in certain exceptional situations, we may also represent the bankrupt’s spouse in bringing a cost challenge.
Yes, in exceptional circumstances, we act on behalf of a bankrupt’s spouse who wishes to challenge trustee costs. This can occur when the spouse aims to annul the bankruptcy order by paying the total bankruptcy costs to protect the family home. Our approach is designed to support families in preserving their assets and achieving a favorable resolution.
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