Chapter 7 Trustee's Final Report - Asset

Last Updated:  August 2, 2024

Created: June 1, 2009

 

Background: 

Before the Trustee's Final Report is filed, it is first submitted to the US Trustee for review. After the U. S. Trustee's Office has completed the review, the UST files the Final Report. The report will always be filed by Patrick Layng. The Trustee files all Applications for Compensation and the Notice.

The Chapter 7 Final Report - Asset is normally filed with: Fee applications for Trustee Fee applications for other professionals Notice of Trustee's Final Report and Applications for Compensation After the report is filed, each of these documents must be filed as a separate filing.

Note: The Trustee may attach a Proposed Order to each application or may file 1 Proposed Order and relate it to multiple applications

Per Local Rule 2002-2, in Chapter 7 cases, if the assets of the estate available for distribution equal or exceed $5000.00, the trustee, rather than the clerk, must serve the Notice of Trustee's Final Report and Applications for Compensation. Notice will be served on the debtor, trustee, and only those creditors that have filed claims.

The docket text will indicate that trustee or clerk will send notice or notice has been included.

Example: Trustee will send Notice 22-05429 BrightLeaf Homes LLC #73-78

Example: Clerk to send Notice 21-09580 Daniel E. Ingram

Example: Certificate of Service included 21-00687 Jivesh Singh Toor

 

Step-by-Step Procedures:

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1. Select [Bankruptcy>Trustee/US Trustee]

2.  Enter case number and click Next

3. Select Chapter 7 Final Report - Asset from event pick list and click Next

4. Select U.S. Trustee from party pick list and click Next

5. The PDF Document selection screen will display:

   • Browse, Scan and Attach

   • Click Next

6. The Modify Text page will display.  Click down arrow to select a prefix if applicable.

7. Click Next

8. The Final Text page will display.  This is your final opportunity to modify the entry before submitting the filing.

9. Verify the accuracy of the docket text.  If not correct/if correct

10. Click Next to complete filing process

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The Notice of Electronic Filing will display.  It is the verification that the filing has been sent electronically to the court.

Copies of this notice and the document filed are emailed to all participants who receive electronic notification in the case.  You have a period of 15 days for a one time free look at the document filed.