FINAL JUDGMENT AND ORDER AWARDING ATTORNEY’S FEES
This matter is before the Court on the Application in Support of Request for At-
I.Jurisdiction
The Court has jurisdiction over the parties to and the subject matter of this ad-versary proceeding pursuant to 28 U.S.C. § 1334. This is a core рroceeding pursuant to 28 U.S.C. § 157(b)(2)(A), (/), and (0).
II.Findings of Fact
Pikco and Staten agreed to a nondis-chargeable judgment in the amount of $1,347.90 on the underlying debt but left the amount of attorney’s fees to the Court’s determination. Adv. Dkt. No. 31. Pikco requests $5,465.00, including $5,080.00 in fees and $385.00 in expenses. Adv. Dkt. No. 20 at 4. The fee itemization attached to Pikco’s application shows that its attorneys billed 32.90 hours on this adversary. Adv. Dkt. No. 20-1 at 5. Four individuals appear on the itemization, but the rate for all billing parties other than Stacey Moore Buchanan is $0.00 per hour. The rate billed for the services rendered by Buchanan is $200.00 per hour. See Adv. Dkt. No. 20-1. The promissory note be-tween Staten and Pikco provides the basis for the Court’s award of reasonable attor-ney’s fees. It states:
DEFAULT, ACCELERATION, AND POST MATURITY INTEREST: Upon default by Borrower (1) Lender may (i) bring suit for the delinquent payments without accelerating the remaining balance and/or (ii) with or without notice to Borrower, declare the remaining balance immediately due and payable, less any rebate of unearned Finance Charges as provided for above, and (2) Borrower shall pay all of Lender’s attorney’s fees and Lender’s legal expenses, whether or not there is a lawsuit, including attor-ney’s fees for bankruptcy proceedings (including efforts to modify or vacate any automatic stay or injunction, and actions to object to discharge and/or dis-chargéability), and appeals.
Adv. Dkt. No. 1-1 at 2. According to Pik-co’s proof of claim, Staten was $114.00 in arrears at the time of filing. Claim 6-2 at 1.
Pikco argues that the fees it seeks are reasonable. Staten argues that the re-quested fees are excessive considering the factors for. reasonableness, especially the amount of the underlying debt. Adv. Dkt. No. 21 at 1. Staten further argues that the fee award should be' rеduced to “one third of the debt which is reasonable plus any expenses incurred.” Adv. Dkt. No. 21 at 3.
III.Conclusions of Law
Although “the Bankruptcy Code does not expressly award attorney’s fees to a creditor who successfully contests the dischargeability of his claim[,] ... creditors are entitled to recover attorney’s fees in bankruptcy claims if they have a con-
The Mississippi Code provides that
In any action in which a court is author-ized to award reasonable attorneys’ fees, the court shall not require the party seeking such fees to put on proof as to the reasonableness of the amount sought, but shall make the award based on thе information already before it and the court’s own opinion based on experience and observation; provided however, a party may, in its discretion, place before the court other evidence as to the reasonableness of the amount of the award, and the court may consider such evidence in making the award.3
Miss. Code Ann. § 9-1-41 (1990).
(1) the time and labor required, the nov-elty and difficulty of the questions involved, and the skill requisite to • perform the legal service properly;
(2) the likelihood, if apparent to the client, that the acceptance of the particular employment will preclude other employment by the lawyer;
(3) the fee customarily charged in the locality for similar legal services;
(4) the amount involved and the results obtained;
(5) the time limitations imposed by the client or by the circumstances;
(6) the nature and length of the profes-sional relationship with the client;
(7) the experience, reputation, and ability of the lawyer or lawyers perform-ing the services; and
(8) whether the fee is fixed or contin-gent.
Miss. R. Prоf 1 Conduct 1.5(a). A trial court must support any award with “findings of fact and conclusions of law,” though indi-vidual consideration of each factor has never been specifically required. See Bell-South Pers. Commc’ns, LLC v. Bd. of Supervisors of Hinds Cnty.,
A. The Reasonable Fee / Lodestar
Counsel for Pikco has included 32.90 billed hours in the fee itemization. Some of the entries are billed at $0.00 per hour, and counsel voluntarily reduced the bill by $400.00 or two hours billed at Bu-chanan’s rate. After review of the itemization, the Court finds that Buchanan is seeking payment for 25.4 hours. The Court further finds that Buchanan’s rate of $200.00 is reasonable.
B. The Mississippi Rule 1.5 Factors
The Court finds that the fourth, third, and first factors, when considered together, merit a substantial reduction in the amount of the award and analyzes those factors first. The remaining factors, though analyzed, contribute little to the Court’s decision and do not merit a change in the fee awarded.
Fourth Factor: The Amount Involved and the Results Obtained
Pikco filed a proof of claim in the amount of $1,347.90. Claim 6-2. Ultimately, Staten agreed that the entire claim amount would be nondischargeable. Successful representation in and of itself does not justify an increase in the base fee because “the 'results obtained’ from the litigation are presumably fully reflected in the lodestar amount, and thus cannot serve as [an] independent bas[i]s for increasing the basic fee award.” Mauck,
The agreed amount of the underlying debt is $1,347.90 аnd the fee request is nearly quadruple that amount. The Court finds no basis to justify an award of fees so much greater than the amount recovered. This factor merits a 75% reduction in the fees, especially when the third and first factors are also considered. The lodestar amount is reduced to $1,270.00.
Third Factor: The Fee Customarily Charged in the Locality for Similar Legal Services
Staten argues that the customary fee for actions' of this type is one-third of the amount of the indebtedness.
First Factor: The Time and Labor Re-quired, the Novelty and Difficulty of the Questions Involved, and the Skill Requi-site to Perform the Legal Service Properly
The Court finds that the questions presented were not novel or difficult. The Court further finds that “nothing in the record indicates that the nature of the litigation involved in this adversary pro-ceeding varies drastically from the average bankruptcy-related representation under-tаken by” Buchanan. Schermerhorn v. CenturyTel, Inc. (In re Skyport Global Commc’ns, Inc.),
At the time of the settlement negotiations, Pikco had questioned the debtor at the Section 341 meeting, reviewed proofs of claim filed by other creditors, served subpoenas on аnd reviewed documents from creditors listed in Staten’s schedules. It had discovered what it needed to support its claim. As Pikco noted in its rebuttal, it had already spent more than the amount of the debt pursuing the debt
This factor also supports a reduction in the amount of the fee. However, in light of the reduction made above, no further re-duction will be taken.
Second Factor: The Likelihood, if Appar-ent to the Client, that the Acceptance of the Particular Employment mil Preclude Other Employment by the Lawyer
It is the Court’s experience that Buchanan regularly represents Pikco before this Court. “Typically, preclusion of employment presumes that an attorney does not generally engage in the sort of representation for which fees are being requested and, therefore, is prevented from undertaking a customary amount of additional work due to the increased time demand of that particular case.” In re Skyport Global Commc’ns,
Fifth Factor: The Time Limitations Im-posed by the Client or by the Circum-stances
The Court is aware of no unusual time limitations in this case imposed by either Pikco or the circumstances of the ease justifying a change in the lodestar. “Time limitations are part and parcel of all bank-ruptcy representation, so its consideration adds nothing to the analysis.” In re El Paso Refinery,
Sixth Factor: The Nature and Length of the Professional Relationship with the Client
As stated above, Buchanan and her law firm have a long standing relationship with Pikco. Counsel for Pikco argues that this “enabled [them] to handle this case more efficiently than if it were the only case of this nature handled by counsel.” Adv. Dkt. No. 20 at 3-4. While this may be true, the Court finds that that does not justify an increase in the lodestar. See Wells Fargo Equip. Fin., Inc. v. Beaver Constr., LLC, No. 6:10-0386,
Seventh Factor: The Experience, Reputation, and Ability of the Lawyer or Law-yers Performing the Services
Buchanan and her law firm are known to this Court and within the local
Eighth Factor: Whether the Fee is Fixed or Contingent
The Court does not know how much Buchanan was paid by Pikco because her contract with the creditor is not before the Court. See Jack Cole-Dixiе Hwy. Co. v. Red Ball Motor Freight, Inc.,
C. Expenses Requested
Having fully examined the fee itemization, the Court turns to the expenses re-quested. Pikco requested $385.00 in ex-penses, which are included as a separate category in the fee itemization. Adv. Dkt. No. 20-1 at 5. Staten did not challenge the claimed expenses in her objection, and the Court finds the expenses listed are reasonable. Accordingly, the Court finds that Pik-co is entitled to ■ the full amount of ex-penses requested.
IV. Conclusion
Having considered the Mississippi Rule 1.5 factors and the lodestar amount, the Court finds that Pikco" is entitled to collect $1,270.00 in attorney’s fees and $385.00 in expenses for a total award of $1,655.00. This amount shall be added to the debt Staten owes Pikсo, which the parties previ-ously agreed to be nondischargeable in the amount of $1,347.90. See In re Jordan,
IT IS HEREBY ORDERED AND AD-JUDGED that the relief sought in the Complaint (Adv, Dkt. No. 1) is GRANTED and the debt Terri Denise Staten owes Pikco Finance, Inc. is nondischargeable in the amount of $1,347.90.
FURTHER ORDERED AND AD-JUDGED that Pikco Finance, Inc.’s re-quest for attorney’s fees and costs is GRANTED IN PART in the amount of $1,655,00 for a total nondischargeable judgment in the amount of $3,002.90, to-gether with interest thereon from the date of the entry of this Final Judgment at the rate provided in 28 U.S.C. § 1961.
SO ORDERED.
Notes
. Pursuant to Federal Rule of Civil Procedure 52, made applicable to this adversary by Fed-eral Rule of Bankruptcy Procedure 7052, the following cоnstitutes the findings of fact and conclusions of law of the Court.
. See Johnson v. Ga. Highway Express, Inc.,
. But see Speights v. Speights,
. This statute applies to cases where the basis for аn award of attorney’s fees is contractual, not just where the fee award is statutory. See, e.g., Philips Med. Capital, LLC v. P & L Contracting, Inc., No. 2:10cv092,
. For convenience, references to the Missis-sippi Rules of Professional Conduct are short-ened to "Mississippi Rule-”,
. "The ‘reasonable hourly rate’ for the lode-star calculation is ‘calculated according to the prevailing market rates in the relevant com-munity’ and must be ‘in line with those pre-vailing in the community for similar services by lаwyers of reasonably comparable skill, experience and reputation.' ” Idom v. Natchez-Adams Sch. Dist., No. 5:14cv38,
. Cases awarding fees in excess of the recov-ery pursuant to federal civil rights fee-shifting statutes carry no weight here. See Wal-Mart Stores, Inc. v. Qore, Inc.,
. As part of her argument, Staten points to the standard fee in collection actions. The Mississippi Supreme Court has "traditionally approved as reasonable awards of attorneys’ fees in collection matters in the amount of one-third of the indebtedness” finding that a "fee in that amount is fairly standard in col-lection practice.” Dynasteel Corp. v. Aztec Indus., Inc.,
. Pikco previously used a standard contract that provided that Pikco would receive “one third attorneys fees for any litigation.” Adv. Dkt. No. 21 at 1. Other finance companies in Mississippi have also included a one-third cap on the attorney’s fee provisions in their loan contracts. See Paul Kiel, When Lenders Sue, Quick Cash Can Turn Into a Lifetime of Debt, ProPublica (August 10, 2016, 4:10 PM), https://www.propublica.org/article/when-lenders-suequiсk-cash-can-tum-into-a-lifetime-of-debt (stating that Tower Loan’s “loan contracts specify that if the company is required to sue to collect, it is entitled to a reasonable attorney’s fee of 33 1/3% of the amount delinquent” (internal quotation marks omitted)).
. The rule was amended during the pen-dency of this case to reinforce the necessity of considering the proportionality of discovery, but it "d[id] not change the existing responsi-bilities of the court and the parties to consider proportionality.” Fed. R. Civ. P. 26 advisory ' committee’s note on 2015 amendment.
