A North Carolina Notice of Filing of Final Report of Trustee, of Hearing on Applications for Compensation, and of Hearing on Abandonment of is a legal document that serves several purposes in the context of a bankruptcy case. It is typically filed by the trustee appointed to oversee the bankruptcy proceedings and notifies interested parties of important events and actions related to the case. The keywords relevant to this topic include: North Carolina, Notice of Filing, Final Report, Trustee, Hearing, Applications for Compensation, and Abandonment. Let's dive into a detailed description of each aspect and potential types of notices: 1. North Carolina: The notice pertains specifically to bankruptcy cases filed in North Carolina. The laws and procedures governing bankruptcy cases may vary from state to state, so this notice is specific to the jurisdiction of North Carolina. 2. Notice of Filing: This highlights that the purpose of the document is to officially notify the involved parties about the actions being taken. It serves as a public announcement that certain events have occurred or are scheduled to occur in the bankruptcy case. 3. Final Report: The notice may include the trustee's final report, which outlines the findings, actions, and recommendations made throughout the bankruptcy proceedings. It provides a comprehensive summary of the trustee's activities and decisions. 4. Trustee: The trustee is a court-appointed individual responsible for administering the bankruptcy estate, ensuring the fair distribution of assets to creditors, and overseeing the bankruptcy process. The notice indicates that it is filed by the trustee, signifying the legal significance of the document. 5. Hearing on Applications for Compensation: This portion of the notice informs interested parties that a hearing is scheduled to review and evaluate any applications made by professionals involved in the bankruptcy case. This could include attorneys, accountants, and other parties seeking compensation for their services. 6. Hearing on Abandonment: Another type of notice that may be included is the hearing on abandonment. Abandonment refers to the process of relinquishing certain bankruptcy estate assets or claims that may not hold significant value or are burdensome to administer. The notice would provide details on the specific assets or claims being considered for abandonment and the scheduled hearing for interested parties to voice their opinions or objections. Overall, a North Carolina Notice of Filing of Final Report of Trustee, of Hearing on Applications for Compensation, and of Hearing on Abandonment of is a comprehensive legal document that communicates important events, actions, and opportunities for affected parties in a bankruptcy case. It serves as a means of transparent communication and ensuring procedural fairness throughout the proceedings.
North Carolina Notice of Filing of Final Report of Trustee, of Hearing on Applications for Compensation and of Hearing on Abandonment of Property by the Trustee - B
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How to fill out North Carolina Notice Of Filing Of Final Report Of Trustee, Of Hearing On Applications For Compensation And Of Hearing On Abandonment Of Property By The Trustee - B?
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After Plan Completion: After all payments have been completed, the Chapter 13 Trustee will file a Motion to Return any Excess Funds to Debtor and to Terminate any Payroll Deduction by Employer. If the Motion is granted, the Court will enter an order granting the motion and issue two notices.
A bankruptcy trustee can move to dismiss your Chapter 13 bankruptcy for non-payment. If the court grants this motion, you will lose the protection of your bankruptcy proceedings. The automatic stay will be lifted, you will not receive a discharge, and creditors can proceed with their collection efforts.
Paragraph 10 B The amount of unsecured claims discharged without full payment is the total scheduled unsecured claims plus non-scheduled unsecured claims where a proof of claim was filed, minus payments on unsecured claims (not including interest paid on the claim), but not less than zero.
For most creditors the objection is about whether or not they are being treated correctly under the law. For the trustee the objection is usually about how a class of creditors is being treated and whether the plan complies with the requirements of the law on the whole.
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.