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11 U.S.C. § 331 — Interim compensation
Federal law — U.S. Code and appendices · legal_authorities
A trustee, an examiner, a debtor’s attorney, or any professional person employed under section 327 or 1103 of this title may apply to the court not more than once every 120 days after an order for relief in a case under this title, or more often if the court permits, for such compensation for services rendered before the date of such an application or reimbursement for expenses incurred before such date as is provided under [section 330 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title11-section330&num=0&edition=prelim). After notice and a hearing, the court may allow and disburse to such applicant such compensation or reimbursement.
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Source file: Laws/federal/codes/united-states-code/title-11/section-331-interim-compensation--f725e938cc.md
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Source location: Title 11, Chapter 3, § 331; chapter-003-case-administration.md
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A trustee, an examiner, a debtor’s attorney, or any professional person employed under section 327 or 1103 of this title may apply to the court not more than once every 120 days after an order for relief in a case under this title, or more often if the court permits, for such compensation for services rendered before the date of such an application or reimbursement for expenses incurred before such date as is provided under [section 330 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title11-section330&num=0&edition=prelim). After notice and a hearing, the court may allow and disburse to such applicant such compensation or reimbursement.
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Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) After notice to the parties in interest and the United States Trustee and a hearing, and subject to sections 326, 328, and 329, the court may award to a trustee, a consumer privacy ombudsman appointed under section 332, an examiner, an ombudsman appointed under section 333, or a professional person employed under section 327 or 1103—
(A) reasonable compensation for actual, necessary services rendered by the trustee, examiner, ombudsman, professional person, or attorney and by any paraprofessional person employed by any such person; and
(B) reimbursement for actual, necessary expenses.
(2) The court may, on its own motion or on the motion of the United States Trustee, the United States Trustee for the District or Region, the trustee for the estate, or any other party in interest, award compensation that is less than the amount of compensation that is requested.
(3) In determining the amount of reasonable compensation to be awarded to an examiner, trustee under chapter 11, or professional person, the court shall consider the nature, the extent, and the value of such services, taking into account all relevant factors, including—
(A) the time spent on such services;
(B) the rates charged for such services;
(C) whether the services were necessary to the administration of, or beneficial at the time at which the service was rendered toward the completion of, a case under this title;
(D) whether the services were performed within a reasonable amount of time commensurate with the complexity, importance, and nature of the problem, issue, or task addressed;
(E) with respect to a professional person, whether the person is board certified or otherwise has demonstrated skill and experience in the bankruptcy field; and
(F) whether the compensatio
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Federal law — U.S. Code and appendices · legal_authorities
Page 61
TITLE 11—BANKRUPTCY
§ 333
district involved, see section 302(d), (e) of Pub. L.
99–554, set out as a note under section 581 of Title 28,
Judiciary and Judicial Procedure.
Amendment by section 257 of Pub. L. 99–554 effective
30 days after Oct. 27, 1986, but not applicable to cases
commenced under this title before that date, see sec-
tion 302(a), (c)(1) of Pub. L. 99–554.
EFFECTIVE DATE OF 1984 AMENDMENT
Amendment by Pub. L. 98–353 effective with respect
to cases filed 90 days after July 10, 1984, see section
552(a) of Pub. L. 98–353, set out as a note under section
101 of this title.
§ 331. Interim compensation
A trustee, an examiner, a debtor’s attorney, or
any professional person employed under section
327 or 1103 of this title may apply to the court
not more than once every 120 days after an order
for relief in a case under this title, or more often
if the court permits, for such compensation for
services rendered before the date of such an ap-
plication or reimbursement for expenses in-
curred before such date as is provided under sec-
tion 330 of this title. After notice and a hearing,
the court may allow and disburse to such appli-
cant such compensation or reimbursement.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2564.)
HISTORICAL AND REVISION NOTES
SENATE REPORT NO. 95–989
Section 331 permits trustees and professional persons
to apply to the court not more than once every 120 days
for interim compensation and reimbursement pay-
ments. The court may permit more frequent applica-
tions if the circumstances warrant, such as in very
large cases where the legal work is extensive and mer-
its more frequent payments. The court is authorized to
allow and order disbursement to the applicant of com-
pensation and reimbursement that is otherw
Source: Supplied 2024 U.S. Code historical extraction · 11 U.S.C. § 331
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