How much time will I have to commit to serve on the creditors’ committee, and what is involved?
The commitment in serving on a creditors’ committee is unique to the case and the members. The creditors’ committee is expected to act as the representative of the entire general unsecured creditor body and is entrusted with the responsibility of making important decisions on behalf of that group. The success of the case may depend on how well the committee functions as a group and the level of participation of each of its members.