So we are supposedly getting discharged on the 23rd of this month! YAY!! Today I noticed on Pacer that it says "Chapter 7 Trustee's Report of No Distribution" Anyone know what this means for my case? Are things still going along as they are supposed to? Thanks.
-
Filed Ch.7 Pro Se 5-20-10
341 scheduled 6-24-10 -
From what I've learned, no distribution means that you are a non asset case, which is a good thing!Filed Chapter 7 on July 30, 2010
341 scheduled for August 26, 2010 - Done!
- Report of No Distribution 
Discharged!!! - November 15, 2010
-
report of no distribution
All good so far! report of no distribution means the trustee did not find anything in your stuff that was worth going after to get $$ to split up with all the creditors. This is the bad message for creditors = you ain't gettin' nothin'
If you had secured property (cars, house) then you look for a trustee report of "abandonment of assets" which means he is not going after your secured assets. Leaving you to haggle with those lenders about the cars and house.
had my 342 on Jun 30, still no trustee's report......driving me nuts!
Tom in ColoCh7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010Comment
Comment