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of <h1>Insolvency and Bankruptcy Code Section 144: Trustee Fees Tied to Bankrupt Estate Value, Paid from Distribution</h1> Section 144 of the Insolvency and Bankruptcy Code, 2016, outlines the fees structure for a bankruptcy trustee appointed to manage the bankruptcy process for individuals and partnership firms. The trustee's fees are determined based on the value of the bankrupt's estate. These fees are paid from the estate's distribution as specified in Section 178. This provision became effective on December 1, 2019.
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