The Indiana Notice of Filing of Final Report of Trustee is a document filed by a Trustee in a bankruptcy case in the state of Indiana. It is a public notice that states the Trustee has completed the administration of the estate and has filed the final report with the United States Bankruptcy Court. The Notice of Filing of Final Report of Trustee also informs creditors and other interested parties of the deadline for filing objections to the report. There are two types of Indiana Notice of Filing of Final Report of Trustee: the Chapter 7 Notice of Filing of Final Report of Trustee and the Chapter 13 Notice of Filing of Final Report of Trustee. The Chapter 7 Notice of Filing of Final Report of Trustee is used in a liquidation bankruptcy case and the Chapter 13 Notice of Filing of Final Report of Trustee is used in a reorganization bankruptcy case. Both notices provide the same information, but the deadline for filing objections to the report may differ depending on the type of bankruptcy case.
Indiana Notice of Filing of Final Report of Trustee
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How to fill out Indiana Notice Of Filing Of Final Report Of Trustee?
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FAQ
The Trustee's Report of No Distribution, or NDR, lets the court and all interested parties know that no money will be paid to creditors. If a NDR is filed, the court will close the bankruptcy case shortly after the discharge has been entered.
Your bankruptcy trustee can ask for up to two years of bank statements. The trustee will look at your statements to verify your monthly payments to make sure they match the expenses you put on your bankruptcy forms.
When a chapter 7 case with assets is closed, the trustee files a final report that accounts for the disposition of assets, as well as the distribution of funds to creditors and to administrative expenses. The data from these final reports are compiled by the USTP for oversight and statistical reporting purposes.
The discharge releases the debtor from all debts provided for by the plan or disallowed (under section 502), with limited exceptions. Creditors provided for in full or in part under the chapter 13 plan may no longer initiate or continue any legal or other action against the debtor to collect the discharged obligations.
The Trustee's Report of No Distribution, or NDR, lets the court and all interested parties know that no money will be paid to creditors. If a NDR is filed, the court will close the bankruptcy case shortly after the discharge has been entered.
Final Report and Discharge This report summarizes the financial activity in a case over the life of the plan. Final Reports in completed and dismissed cases are generated by the Trustee during month-end processing after all checks associated with the case have cleared the Trustee's bank account.
The bankruptcy trustee will typically be entitled to claim any non-exempt portion of the settlement and distribute it to creditors.