In re Raejean S. Bonham dba World Plus
Bankruptcy No. F95-00897
Unofficial Web Site
11 U.S.C. Section 503 - Allowance of administrative expenses
Sec. 503. Allowance of administrative expenses
(a) An entity may timely file a request for payment of an
administrative expense, or may tardily file such request if permitted by
the court for cause.
(b) After notice and a hearing, there shall be allowed
administrative expenses, other than claims allowed under section 502(f)
of this title, including--
(1)(A) the actual, necessary costs and expenses of preserving
the estate, including wages, salaries, or commissions for services
rendered after the commencement of the case;
(B) any tax--
(i) incurred by the estate, except a tax of a kind specified
in section 507(a)(8) of this title; or
(ii) attributable to an excessive allowance of a tentative
carryback adjustment that the estate received, whether the
taxable year to which such adjustment relates ended before or
after the commencement of the case; and
(C) any fine, penalty, or reduction in credit relating to a tax
of a kind specified in subparagraph (B) of this paragraph;
(2) compensation and reimbursement awarded under section 330(a)
of this title;
(3) the actual, necessary expenses, other than compensation and
reimbursement specified in paragraph (4) of this subsection,
incurred by--
(A) a creditor that files a petition under section 303 of
this title;
(B) a creditor that recovers, after the court's approval,
for the benefit of the estate any property transferred or
concealed by the debtor;
(C) a creditor in connection with the prosecution of a
criminal offense relating to the case or to the business or
property of the debtor;
(D) a creditor, an indenture trustee, an equity security
holder, or a committee representing creditors or equity security
holders other than a committee appointed under section 1102 of
this title, in making a substantial contribution in a case under
chapter 9 or 11 of this title;
(E) a custodian superseded under section 543 of this title,
and compensation for the services of such custodian; or
(F) a member of a committee appointed under section 1102 of
this title, if such expenses are incurred in the performance of
the duties of such committee;
(4) reasonable compensation for professional services rendered
by an attorney or an accountant of an entity whose expense is
allowable under paragraph (3) of this subsection, based on the time,
the nature, the extent, and the value of such services, and the cost
of comparable services other than in a case under this title, and
reimbursement for actual, necessary expenses incurred by such
attorney or accountant;
(5) reasonable compensation for services rendered by an
indenture trustee in making a substantial contribution in a case
under chapter 9 or 11 of this title, based on the time, the nature,
the extent, and the value of such services, and the cost of
comparable services other than in a case under this title; and
(6) the fees and mileage payable under chapter 119 of title 28.
(Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2581; Pub. L. 98-353, title III,
Sec. 446, July 10, 1984, 98 Stat. 374; Pub. L. 99-554, title II,
Sec. 283(g), Oct. 27, 1986, 100 Stat. 3117; Pub. L. 103-394, title I,
Sec. 110, title II, Sec. 213(c), title III, Sec. 304(h)(2), Oct. 22,
1994, 108 Stat. 4113, 4126, 4134.)
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