In Re Daily Medical Equipment, Inc.

MEMORANDUM OF DECISION

JAMES H. WILLIAMS, Chief Judge.

In this case, converted from Chapter 11 to Chapter 7, final applications for compensation were submitted by the Chapter 7 Trustee, James R. Kandel, Esq. (Trustee) and his counsel, Donald M. Miller, Esq. (Counsel). Because the estate funds are insufficient to pay the amounts requested, the Trustee and Counsel filed a motion to determine the amounts of these administrative claims and for an order that the allowed claims be charged to Ameritrust Company (the Bank), a perfected first lien-holder on the estate assets, pursuant to 11 U.S.C. §…