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I found this on Pacer today... what does it mean?

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    I found this on Pacer today... what does it mean?

    I think this is good...


    Meeting of Creditors Held and Concluded on 12/8/2010. Chapter 7 Trustee's Report of No Distribution: I, (Trustee's Name), 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 1 months. Assets Abandoned (without deducting any secured claims): $ 149965.00, Assets Exempt: $ 7561.10, Claims Scheduled: $ 269147.09, Claims Asserted: Not Applicable, Claims scheduled to be discharged without payment (without deducting the value of collateral or debts excepted from discharge): $ 269147.09. (Trustee's Name) (Entered: 12/09/2010)


    What does all of this mean?
    Retained BK Lawyer on 10/13/10
    Filed BK 7 on 10/29/10
    341 Meeting on 12/8/10

    #2
    This looks like the Report of No Distribution. That IS good. Now all you have to do is wait out the rest of the 60 days for Discharge. Congrats!!
    "To go bravely forward is to invite a miracle."

    "Worry is the darkroom where negatives are formed."

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      #3
      It's good! It means there isn't any assets and you should have your discharge in about 60 days.

      Comment


        #4
        Wow - that was fast. You just had the meeting yesterday? Go FLA!

        Comment

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