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Chapter 7 Asset Case in California

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    Chapter 7 Asset Case in California

    Hello. I have an asset case where funds have been dispersed to the claimants already and Trustee has submitted his final report but I have a couple of questions.

    If a creditor/claimant returns the dividend check to the court/Trustee will they give me that money back? (Reason I ask if because a creditor sent me a letter stating they returned the check because they had no account for my social security number listed.)

    Also, I had 1 account with a creditor but they filed 2 claims for different amounts. I pointed this out to the Trustee but it looks like he paid them for both claims. Since there was no objection filed do they get to keep both checks or should I expect them to return 1 of claim's funds to me?


    Thanks.

    #2
    i believe it just goes back into the pool for the other creditors.. how much was the check?

    If it was small- i suppose they could give it back if they felt it wasn' worth their time..

    Originally posted by lenstef View Post
    Hello. I have an asset case where funds have been dispersed to the claimants already and Trustee has submitted his final report but I have a couple of questions.

    If a creditor/claimant returns the dividend check to the court/Trustee will they give me that money back? (Reason I ask if because a creditor sent me a letter stating they returned the check because they had no account for my social security number listed.)

    Also, I had 1 account with a creditor but they filed 2 claims for different amounts. I pointed this out to the Trustee but it looks like he paid them for both claims. Since there was no objection filed do they get to keep both checks or should I expect them to return 1 of claim's funds to me?


    Thanks.
    Filed Pro Se: 10/16/2009
    341 Scheduled: 11/23/2009
    Last Day for Objections: 1/22/2010
    Discharged: 1/28/2010

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      #3
      All creditors have been paid in full. I looked up the Trustee's Final Account Report and it shows 2 creditors returned checks totaling over $4K, and those checks were cut from that Trustee account to The US BK Court Attn: Fiscal Dept. So......i was wondering, does the court get to keep that money or should I be expecting that back?

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        #4
        Ok i just found out if the creditor returns the funds it goes back to the bankruptcy court as unclaimed funds. Does anyone know if they will eventually return the funds back to us after so many (years) if no one claims it?

        Comment


          #5
          I didn't even notice the date! Oops! I will have to pay attention to that! Thanks!

          Comment


            #6
            Hi cosmogal, you now have a new thread for this question.
            "To go bravely forward is to invite a miracle."

            "Worry is the darkroom where negatives are formed."

            Comment

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