[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Re: Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate Dear [Recipient's Name], I am writing to formally request the discharge of the debtor and the approval of the trustee's report of no distribution and closing estate, in accordance with the laws governing bankruptcies in Mississippi. As the appointed trustee for the bankruptcy case of [Debtor's Name], I have diligently reviewed the debtor's financial records, assets, and liabilities. After thorough examination, it has been determined that there are no remaining assets available for distribution to the creditors. Consequently, I hereby submit this report to seek the court's approval of the trustee's findings. According to the Chapter [Chapter Number] bankruptcy code, the trustee is required to file a report if there are no assets available for distribution and if the debtor has fulfilled the remaining obligations. In this case, [Debtor's Name] has successfully completed all the required payments and necessary obligations as per the bankruptcy plan. The trustee's report attached herewith outlines the details of the bankruptcy case, including the schedules, statements, and other relevant documentation. This comprehensive report emphasizes the debtor's diligent efforts in meeting their obligations within the stipulated timeframe. In light of the above, I kindly request the court's approval to discharge the debtor from all remaining debts and liabilities as per Section [Relevant Section Number] of the Mississippi bankruptcy laws. Furthermore, I seek the court's order of approval for the trustee's report of no distribution, signifying the closure of the bankruptcy estate. Please find enclosed: 1. Trustee's Report of No Distribution 2. Final Account and Statement 3. Schedules, statements, and other supporting documents These documents provide a comprehensive overview of the debtor's financial situation and highlight their successful fulfillment of all obligations. Should you require any additional information or if there are any further actions needed to expedite this process, please do not hesitate to contact me at your earliest convenience. Thank you for your attention to this matter. Your prompt review and approval will contribute to the efficient resolution of this bankruptcy case. Sincerely, [Your Name] [Your Title/Position] [Bankruptcy Case Number]
Mississippi Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate
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How to fill out Sample Letter For Discharge Of Debtor And Order Approving Trustee's Report Of No Distribution And Closing Estate?
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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. Unfortunately, you can only find the NDR by reviewing your case docket.
Your Chapter 7 discharge order will be granted between 60 - 90 days after your 341 meeting. The earliest your discharge can be entered is after the deadline to object to your discharge has passed. You can find this date on your Form 309A under ?Deadlines.?
Closed Without a Discharge Cases are closed without discharge when the debtor does not complete the required debtor education required as a condition of discharge. The court may also close your case without discharge if you failed the last step for getting rid of debt. Your filing may not have been filed timely.
Generally, a discharge removes the debtors' personal liability for debts owed before the debtors' bankruptcy case was filed. Also, if this case began under a different chapter of the Bankruptcy Code and was later converted to chapter 7, debts owed before the conversion are discharged.
Closed Without a Discharge Cases are closed without discharge when the debtor does not complete the required debtor education required as a condition of discharge. The court may also close your case without discharge if you failed the last step for getting rid of debt. Your filing may not have been filed timely.
A trustee is appointed to take control of certain assets of the debtor, bring these assets into the estate, and sell or distribute these assets for the benefit of creditors. Some assets will remain with the debtor if these assets are determined to be exempt from distribution to creditors.
A Report of No Distribution (NDR), lets the court and all interested parties know that the trurstee is not paying out money in a bankruptcy case to creditors. If the trustee files an NDR in your case, the court will close your bankruptcy case shortly after entering a discharge.
What is a discharge in bankruptcy? A bankruptcy discharge releases the debtor from personal liability for certain specified types of debts. In other words, the debtor is no longer legally required to pay any debts that are discharged.
Debt discharge is the cancellation of a debt due to bankruptcy. When a debt is discharged, the debtor is no longer liable for the debt and the lender is no longer allowed to make attempts to collect the debt.
This order means that no one may make any attempt to collect a discharged debt from the debtors personally. For example, creditors cannot sue, garnish wages, assert a deficiency, or otherwise try to collect from the debtors personally on discharged debts.
