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New info posted to PACER the day after my 341

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    New info posted to PACER the day after my 341

    I think this is mostly good for me. Who knows what this means?
    I see the Trustee's No Distribution Report...this is good.
    The motions filed by GreenPoint Mortgage I think are because we are surrendering the house. Anyone know how to read this stuff and what it means?


    03/05/2008 Trustee's Report of 341 Meeting Concluded and Report of No Distribution. (cmcs) (Entered: 03/06/2008)

    03/05/2008 Motion/Application for Relief from Stay [PPR-1] Filed by Creditor GreenPoint Mortgage Funding, Inc. (Fee Paid $150) (cmcs) (Entered: 03/06/2008)

    03/05/2008 Motion/Application for Adequate Protection [PPR-1] Filed by Creditor GreenPoint Mortgage Funding, Inc. (cmcs) (Entered: 03/06/2008)

    03/05/2008 Notice of Hearing Re: Motion/Application for Adequate Protection [PPR-1], Motion/Application for Relief from Stay [PPR-1] to be held on 3/25/2008 at 09:30 AM at Sacramento Courtroom 33, Department B. (cmcs) (Entered: 03/06/2008)

    03/05/2008 Declaration of Tina Jones in support of Motion/Application for Adequate Protection [PPR-1], Motion/Application for Relief from Stay [PPR-1] (cmcs) (Entered: 03/06/2008)

    03/05/2008 Movant's Informational Sheet (Section 362) Re: Motion/Application for Relief from Stay [PPR-1] (cmcs) (Entered: 03/06/2008)

    03/05/2008 Waiver of Requirement Under U.S.C. Sec. 362(e) Re: Motion/Application for Adequate Protection [PPR-1], Motion/Application for Relief from Stay [PPR-1] (cmcs) (Entered: 03/06/2008)

    03/05/2008 Exhibit(s) in support of Motion/Application for Adequate Protection [PPR-1], Motion/Application for Relief from Stay [PPR-1] (cmcs) (Entered: 03/06/2008)

    03/05/2008 Certificate/Proof of Service of Declaration, Motion/Application for Adequate Protection [PPR-1], Notice of Hearing, Movant's Informational Sheet (Section 362), Motion/Application for Relief from Stay [PPR-1], Exhibit(s) (cmcs) (Entered: 03/06/2008)

    03/06/2008 Notice of Filing Report of No Distribution as Transmitted to BNC for Service Objections due 4/7/2008 (cmcs) (Entered: 03/06/2008)


    Thanks to all here...
    getouttadebt
    FILED: 6/5/08
    DISCHARGED: 9/15/08
    CLOSED: 9/19/08
    6 Months Post BK Experian Score: 690

    #2
    Nothing to be worried about since you are surrendering your home. In a nutshell, they are just going through the motions to lift the automatic stay so they can proceed with foreclosure.

    Comment


      #3
      Thank you, HHM. The PACER status now indicates Awaiting Discharge. Last day to object is 5/5/08. Does this mean since the Trustee issued No Distribution that our case is officially No Asset? If no creditor objects, and I don't think they will, then are we to assume all is progressing as planned?

      getouttadebt
      FILED: 6/5/08
      DISCHARGED: 9/15/08
      CLOSED: 9/19/08
      6 Months Post BK Experian Score: 690

      Comment


        #4
        Originally posted by getouttadebt View Post
        Thank you, HHM. The PACER status now indicates Awaiting Discharge. Last day to object is 5/5/08. Does this mean since the Trustee issued No Distribution that our case is officially No Asset? If no creditor objects, and I don't think they will, then are we to assume all is progressing as planned?

        getouttadebt

        I believe that no distribution = no asset.
        <<I am NOT an attorney, my comments are anecdotal only. Contact an attorney for advice>>
        FINALLY DISCHARGED 92 DAYS AFTER THE 341! A NEW START!!!

        Comment


          #5
          Originally posted by getouttadebt View Post
          I think this is mostly good for me. Who knows what this means?
          I see the Trustee's No Distribution Report...this is good.
          The motions filed by GreenPoint Mortgage I think are because we are surrendering the house. Anyone know how to read this stuff and what it means?




          Thanks to all here...
          getouttadebt
          Our PACER was just updated to reflect the same. We, too, are surrendering so the motion for "relief of stay" was filed...same as you.

          We are 2 days behind you on the PACER docket.

          Our trustee declared us "no asset" the day after our 341. I guess he's busy with the BK filers!

          ~DP
          CHAPTER 7 FILED: 1/18/2008: 341: 2/19/2008
          DECLARED NO ASSESTS: 2/20/2008
          OBJECTION TO DISCHARGE DUE: 4/21/2008
          DISCHARDGED & TERMINATED:4/22/2008

          Comment

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