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Report of No Distribution-- Good News???

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    Report of No Distribution-- Good News???

    Here is what showed up on PACER today. Can someone please explain.

    Thanks

    Trustee's Report of No Distribution: Trustee of this estate reports and certifies that the trustee has performed the duties required of a trustee under 11 U.S.C. 704 and has concluded that there are no assets to administer for the benefit of creditors of this estate. The Meeting of Creditors has been closed and the Proof of Income has been reviewed. The trustee has received no funds or property of the estate, and paid no monies on account of the estate. Wherefore, the trustee prays that this report be approved and the trustee be discharged from office

    #2
    Good news...it means your BK is a no asset case...you are on your way to the discharge date....

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