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    No Distribution?

    This is on my PACER. What's it mean, exactly? Says "trustee prays that this report be approved and the trustee be discharged from office".

    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. (JLK) (Entered: 02/05/2009)
    Filed: Dec 31, 2008
    341: Feb 5, 2009
    Discharge: Apr 7, 2009 (61 days even)

    #2
    Yes!!

    That means you are a no asset Ch 7 and the Trustee has filed the motion to say you have no assets and there will be no $$ to distribute to the creditors!

    Congratulations!
    Filed CH 7 9/30/2008
    Discharged Jan 5, 2009! Closed Jan 18, 2009

    I am not an attorney. None of my advice is legal advice in any way..

    Comment


      #3
      sorry duplicate post

      Yes, you pretty much are a done deal. Someone could file a motion that changes things during the 60 days, but once that report is filed you are fine
      Last edited by StartingOver08; 02-15-2009, 02:36 PM.
      Filed CH 7 9/30/2008
      Discharged Jan 5, 2009! Closed Jan 18, 2009

      I am not an attorney. None of my advice is legal advice in any way..

      Comment


        #4
        Does this mean it's a done deal, and just waiting on 60 days?
        Filed: Dec 31, 2008
        341: Feb 5, 2009
        Discharge: Apr 7, 2009 (61 days even)

        Comment


          #5
          You made it!!! Good job. You can relax now.

          Isn't is weird that we get excited that we have NO ASSETS???

          Wooo Hooo - I'm not worth anything. Who would have ever thought?
          Chapter 7 filed 10/21/2008
          341 - 11/26 went smooth NO ASSET
          Took 115 days after 341 - But Finally DISCHARGED 3/25/09

          Comment

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