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Posted Feb 2nd, 2012
Is it normal for a bankruptcy attorney to ask for a durable power of attorney

Additional Details:
The durable power of attorney in questions identifies the attorney as "agent" and gives them
athority over ALL financial assets (including employee retirement benefits) and lasts until death.
Is this type of total control necessary in order for the attorney to act as agent in dealing with
bank in negotiating with financial institutions?
Legal Topic Area: Bankruptcy in OR

I have never head of such a thing. Why someone would want that responsibility is beyond me. In my 35 years of practicing bankruptcy I have never run across anything like that.


Answered on Feb 3rd, 2012 at 1:49pm