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Can someone explain this statement to me

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    Can someone explain this statement to me

    It's regarding my bankruptcy, and I don't 100% understand it


    "
    "First Meeting of Creditors Held and 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. I have 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.. (Gocha, Lisa)
    (Entered: 01/01/2005)""


    Thanks in advance.
    BUSY running my own credit repair services! Sorry I don't stop in so often any more!

    #2
    That is good. It means the trustee is verifying your BK is a no-asset case and is requesting to be released from administering your case. I would suspect that you Discharge is being processed.

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      #3
      Yahoo!

      Thanks HHM. I had a vague idea of what it was, but wanted it confirmed.
      BUSY running my own credit repair services! Sorry I don't stop in so often any more!

      Comment

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