Bankruptcy Law

Bankruptcy attorney receives 34 months in prison for bankruptcy fraud

It was announced this week that a bankruptcy attorney was sentenced to 34 months in prison for collecting filing fees from clients without informing the bankruptcy court.

Glay H. Collier II, 53, of Benton, La., was sentenced by U.S. District Judge Robert G. James on one count of bankruptcy fraud. He was also sentenced to three years of supervised release and ordered to pay $69,063.05 restitution. According to the evidence presented, Collier filed records into the bankruptcy court stating that he would accept “No Look” fees as payment for his services.

The “No Look” fee caps attorney’s fees in bankruptcy proceedings to $2,800. In excess of that limit, Collier charged up to $281 in filing fees to some clients, which he did not disclose to the court. Between March 2010 and November 2013, Collier filed 983 Chapter 13 bankruptcy cases in Monroe, and during the same time period, he filed 2,160 Chapter 13 bankruptcy cases in Shreveport. Collier fraudulently collected and attempted to collect filing fees in approximately 479 cases.

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