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OM gosh.. Is this good??

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    OM gosh.. Is this good??

    We had our 341 this morning. For kicks before bed, I checked pacer. Here is what I found
    (I deleted trustees name)
    Chapter 7 Trustee's Report of No Distribution: I, (name here), having been appointed trustee of the estate of the above-named debtor(s), report that I have neither received any property nor paid any money on account of this estate; that I have made a diligent inquiry into the financial affairs of the debtor(s) and the location of the property belonging to the estate; and that there is no property available for distribution from the estate over and above that exempted by law. Pursuant to Fed R Bank P 5009, I hereby certify that the estate of the above-named debtor(s) has been fully administered. I request that I be discharged from any further duties as trustee. Key information about this case as reported in schedules filed by the debtor(s) or otherwise found in the case record: This case was pending for 2 months. Assets Abandoned: $ 222284.82, Assets Exempt: $ 29999.18, Claims Scheduled: $ 292319.74, Claims Asserted: Not Applicable, Claims scheduled to be discharged without payment: $ 292319.74.


    I think this is good? no distribution.. no asset right?

    I'm just confused about the assests abandoned/claims to be discharged. That is including our home, but we are planning to reaffirm.. so that will be dealt with when we get our reaffirmation papers.. correct?
    Filing cpt.7 11/09 341- 1/21/10
    Report of no distribution 1/21/10
    Scheduled for discharge 3/22/10 (on my 15th wedding anniversary!)

    #2
    looks good to me...sleep well !
    Marie

    Comment


      #3
      Yes!!

      Originally posted by eventsdj View Post
      We had our 341 this morning. For kicks before bed, I checked pacer. Here is what I found
      (I deleted trustees name)
      Chapter 7 Trustee's Report of No Distribution: I, (name here), having been appointed trustee of the estate of the above-named debtor(s), report that I have neither received any property nor paid any money on account of this estate; that I have made a diligent inquiry into the financial affairs of the debtor(s) and the location of the property belonging to the estate; and that there is no property available for distribution from the estate over and above that exempted by law. Pursuant to Fed R Bank P 5009, I hereby certify that the estate of the above-named debtor(s) has been fully administered. I request that I be discharged from any further duties as trustee. Key information about this case as reported in schedules filed by the debtor(s) or otherwise found in the case record: This case was pending for 2 months. Assets Abandoned: $ 222284.82, Assets Exempt: $ 29999.18, Claims Scheduled: $ 292319.74, Claims Asserted: Not Applicable, Claims scheduled to be discharged without payment: $ 292319.74.
      I left out the amounts as well for my own privacy.


      I think this is good? no distribution.. no asset right?
      Yes, very good. All of it......

      I'm just confused about the assests abandoned/claims to be discharged. That is including our home, but we are planning to reaffirm.. so that will be dealt with when we get our reaffirmation papers.. correct?
      He left everything alone and walked away. Seems like you should have signed reaffs before this, but then again, I don't know your situation with your lender and all. My report says the same in a round about way too. You are also on your way to a new beginning, kiddo!!
      (first 341 10/14/09, cont'd 341 10/23/09) (12/14/09 last day to object) (341 Shows HELD w/tt report of no distribution 1/9/2010)
      :clapping Discharged 1/25/2010 Case Closed 3/11/2010:D

      Comment


        #4
        Looks good. Hoping I will see the same thing on PACER today.
        Stopped Payings CC's: 8/14/2009 | Retained Attorney: 9/23/2009 | Filed CH 7: 12/7/2009 | 341 Meeting: 1/21/2010 - Complete | Discharged: 4/9/2010
        "One person pretends to be rich, yet has nothing; another pretends to be poor, yet has great wealth."

        Comment


          #5
          LimpDisc..
          So glad things went well for you also!

          My lawyer did say reaff's are coming to her "already" which made me feel it was early in the process... but I'll just keep making all payments until its hammered out.

          One more question.. If trustee is asking to be relieved of his duties, who closes out the case in 60 days?
          Filing cpt.7 11/09 341- 1/21/10
          Report of no distribution 1/21/10
          Scheduled for discharge 3/22/10 (on my 15th wedding anniversary!)

          Comment


            #6
            I think the trustee does? I am not there yet to tell ya. Someone else will jump in to get the answer to ya!!
            (first 341 10/14/09, cont'd 341 10/23/09) (12/14/09 last day to object) (341 Shows HELD w/tt report of no distribution 1/9/2010)
            :clapping Discharged 1/25/2010 Case Closed 3/11/2010:D

            Comment

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