UNITED STATES BANKRUPTCY COURT

In re: Case No. 19-13713-BFK

Alexandria DIVISION

Debtor(s)

EASTERN DISTRICT OF VIRGINIA

M&T HOME BUILDERS, LLC §

§

§

§

CHAPTER 7 TRUSTEE’S FINAL ACCOUNT AND DISTRIBUTION

REPORT CERTIFICATION THAT THE ESTATE HAS BEEN FULLY

ADMINISTERED AND APPLICATION TO BE DISCHARGED (TDR)

$964,014.23

$0.00

1) All funds on hand have been distributed in accordance with the Trustee’s Final Report and, if

applicable, any order of the Court modifying the Final Report. The case is fully administered and all assets and

funds which have come under the trustee’s control in this case have been properly accounted for as provided

by law. The trustee hereby requests to be discharged from further duties as a trustee.

2) A summary of assets abandoned, assets exempt, total distributions to claimants, claims discharged

without payment, and expenses of administration is provided below:

Assets Abandoned:

(without deducting any secured claims)

Total Distributions to Claimants:

Total Expenses of Administration:

Assets Exempt:

Claims Discharged

Without Payment:

$5,945.00

$7,303.13

$4,711.43

3) Total gross receipts of $12,014.56 (see Exhibit 1), minus funds paid to the debtor and third parties

of $0.00 (see Exhibit 2), yielded net receipts of $12,014.56 from the liquidation of the property of the estate,

which was distributed as follows:

Janet M. Meiburger, chapter 7 trustee, submits this Final Account, Certification that the Estate has

been Fully Administered and Application to be Discharged.

UST Form 101-7-TDR ( 10 /1/2010)

Case 19-13713-BFK Doc 45 Filed 09/21/21 Entered 09/21/21 09:20:46 Desc Main

Document Page 1 of 10
SECURED CLAIMS (from

Exhibit 3)

CHAPTER 7 ADMIN. FEES AND

CHARGES (from Exhibit 4)

PRIORITY CLAIMS:

PRIOR CHAPTER ADMIN.

FEES AND CHARGES (from

Exhibit 5)

PRIORITY UNSECURED CLAIMS

(from Exhibit 6)

GENERAL UNSECURED CLAIMS

(from Exhibit 7)

TOTAL DISBURSEMENTS

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED

CLAIMS

PAID

$0.00 $0.00 $0.00 $0.00

$0.00 $4,711.43 $4,711.43 $4,711.43

$0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.00 $0.00

$788,299.62 $626,407.00 $183,017.74 $7,303.13

$788,299.62 $631,118.43 $187,729.17 $12,014.56

4) This case was originally filed under chapter 7 on 11/11/2019. The case was pending for 22

months.

5) All estate bank statements, deposit slips, and canceled checks have been submitted to the United States

Trustee.

6) An individual estate property record and report showing the final accounting of the assets of the estate is

attached as Exhibit 8. The cash receipts and disbursements records for each estate bank account, showing the final

accounting of the receipts and disbursements of estate funds is attached as Exhibit 9.

Pursuant to Fed R Bank P 5009, I hereby certify, under penalty of perjury, that the foregoing report is true

and correct.

Dated: By:

Trustee

09/10/2021 /s/ Janet M. Meiburger

STATEMENT This Uniform Form is associated with an open bankruptcy case, therefore, Paperwork

Reduction Act exemption 5 C.F.R. § 1320.4(a)(2) applies.

UST Form 101-7-TDR ( 10 /1/2010)

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Document Page 2 of 10
EXHIBIT 1 – GROSS RECEIPTS

DESCRIPTION UNIFORM

TRAN. CODE1

$ AMOUNT

RECEIVED

A/R Over 90 days old. Face amount = $140,063.91. 1129-000 $1,000.00

M&T Preference Claim against Eric Heyer and Rosa Galvez 1241-000 $11,014.56

TOTAL GROSS RECEIPTS $12,014.56

1The Uniform Transaction Code is an accounting code assigned by the trustee for statistical reporting purposes.

EXHIBITS TO

FINAL ACCOUNT

EXHIBIT 2 – FUNDS PAID TO DEBTOR & THIRD PARTIES

PAYEE DESCRIPTION UNIFORM

TRAN. CODE

$ AMOUNT

PAID

None

EXHIBIT 3 - SECURED CLAIMS

Claim

NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form 6D)

CLAIMS

ASSERTED

CLAIMS

ALLOWED

CLAIMS

PAID

None

UST Form 101-7-TDR ( 10 /1/2010)

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Document Page 3 of 10
EXHIBIT 4 – CHAPTER 7 ADMINISTRATIVE FEES and CHARGES

PAYEE

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED

CLAIMS

PAID

Trustee, Fees - Janet M. Meiburger 2100-000 NA $1,951.46 $1,951.46 $1,951.46

Trustee, Expenses - Janet M.

Meiburger

2200-000 NA $82.12 $82.12 $82.12

Attorney for Trustee Fees - The

Meiburger Law Firm, P.C.

3110-000 NA $2,612.50 $2,612.50 $2,612.50

Bond Payments - BOND 2300-000 NA $1.02 $1.02 $1.02

Banking and Technology Service

Fee - Mechanics Bank

2600-000 NA $40.00 $40.00 $40.00

Banking and Technology Service

Fee - Metropolitan Commercial

Bank

2600-000 NA $24.33 $24.33 $24.33

TOTAL CHAPTER 7 ADMIN. FEES

AND CHARGES NA $4,711.43 $4,711.43 $4,711.43

EXHIBIT 5 – PRIOR CHAPTER ADMINISTRATIVE FEES and CHARGES

PAYEE UNIFORM

TRAN. CODE

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED

CLAIMS

PAID

None

EXHIBIT 6 – PRIORITY UNSECURED CLAIMS

CLAIM

NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form 6E)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED

CLAIMS

PAID

None

UST Form 101-7-TDR ( 10 /1/2010)

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Document Page 4 of 10
EXHIBIT 7 – GENERAL UNSECURED CLAIMS

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form 6F)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED

CLAIMS

PAID

1 FC Marketplace, LLC 7100-000 $0.00 $31,872.15 $31,872.15 $0.00

2 Erik Bates 7100-000 $0.00 $100,000.00 $47,514.28 $3,589.04

3 Eric N. Heyer 7100-000 $0.00 $390,903.54 $0.00 $0.00

4 William B. Morrison, III 7100-000 $0.00 $49,169.79 $49,169.79 $3,714.09

5 On Deck Capital, Inc. 7200-000 $0.00 $54,461.52 $54,461.52 $0.00

N/F Bank of America 7100-000 $78,903.51 NA NA NA

N/F Bank of Hawaii 7100-000 $38,617.33 NA NA NA

N/F Chase Bank 7100-000 $38,978.45 NA NA NA

N/F Citi Bank 7100-000 $5,789.74 NA NA NA

N/F Citi Bank 7100-000 $9,156.34 NA NA NA

N/F Citi Bank 7100-000 $29,207.36 NA NA NA

N/F Citi Bank 7100-000 $33,300.19 NA NA NA

N/F Discover 7100-000 $8,951.56 NA NA NA

N/F Eric N. Heyer 7100-000 $376,399.19 NA NA NA

N/F Erie Insurance

Exchange

7100-000 $16,994.00 NA NA NA

N/F Funding Circle USA,

Inc.

7100-000 $31,428.42 NA NA NA

N/F On Deck Capital, Inc. 7100-000 $54,461.52 NA NA NA

N/F TW Perry 7100-000 $50,000.00 NA NA NA

UST Form 101-7-TDR ( 10 /1/2010)

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Document Page 5 of 10
N/F USAA Savings Bank 7100-000 $8,277.01 NA NA NA

N/F William Brem Morrison,

III

7100-000 $7,835.00 NA NA NA

TOTAL GENERAL

UNSECURED CLAIMS $788,299.62 $626,407.00 $183,017.74 $7,303.13

UST Form 101-7-TDR ( 10 /1/2010)

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Document Page 6 of 10
Asset Cases

Individual Estate Property Record and Report

Form 1

Page: 1

Case No.:

Claims Bar Date:

Case Name:

For Period Ending:

Trustee Name:

§ 341(a) Meeting Date:

Date Filed (f) or Converted (c):

19-13713-BFK

M&T HOME BUILDERS, LLC

(660410) Janet M. Meiburger

11/11/2019 (f)

12/19/2019

09/10/2021 03/23/2020

Exhibit 8

1

Asset Description

(Scheduled And Unscheduled (u) Property)

Ref. #

2

Petition/

Unscheduled

Values

3

Estimated Net Value

(Value Determined By

Trustee,

Less Liens, Exemptions,

and Other Costs)

4

Property Formally

Abandoned

OA=§554(a)

abandon.

5

Sale/Funds

Received by the

Estate

6

Asset Fully

Administered (FA)/

Gross Value of

Remaining Assets

1 Checking Account at Bank of America

(overdrawn d

Imported from original petition Doc# 1

0.00 0.00 0.00 FA

2 Derivative action against William Brem

Morrison,

Imported from original petition Doc# 1

Unknown 0.00 0.00 FA

3 A/R 90 days old or less. Face amount =

$4,000.00

Imported from original petition Doc# 1

4,000.00 0.00 0.00 FA

4 A/R Over 90 days old. Face amount =

$140,063.91.

Imported from original petition Doc# 1

140,063.91 1,000.00 1,000.00 FA

5 Table & six chairs ($100), and desk

($40).

Imported from original petition Doc# 1

140.00 0.00 0.00 FA

6 Laptop computer ($300), desktop printer

($50), e

Imported from original petition Doc# 1

570.00 0.00 0.00 FA

7 Miscellaneous hand tools ($200), 35'

extension l

Imported from original petition Doc# 1

1,235.00 0.00 0.00 FA

8 M&T Preference Claim against Eric

Heyer and Rosa Galvez (u)

11,014.56 11,014.56 11,014.56 FA

8 Assets Totals (Excluding unknown values) $157,023.47 $12,014.56 $12,014.56 $0.00

Initial Projected Date Of Final Report (TFR): 01/31/2022 Current Projected Date Of Final Report (TFR): 04/09/2021 (Actual)

07/19/21 – The TFR was approved by the Court on May 26, 2021. This case is ready for a TDR.

07/28/2020 - The Trustee is resolving a claim issue and negotiating a resolution of a preference claim.

Major Activities Affecting Case Closing:

UST Form 101-7-TDR ( 10 /1/2010)

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Document Page 7 of 10
Form 2

Cash Receipts And Disbursements Record

Exhibit 9

Page: 1

Case No.: 19-13713-BFK

Case Name: M&T HOME BUILDERS, LLC

Taxpayer ID #: **-***0215

For Period Ending: 09/10/2021

Trustee Name: Janet M. Meiburger (660410)

Bank Name: Mechanics Bank

Account #: ******2266 Checking Account

Blanket Bond (per case limit): $3,000,000.00

Separate Bond (if applicable): N/A

1 2 3 4 5 6 7

Trans.

Date

Check or

Ref. #

Paid To / Received From Description of Transaction Uniform

Tran. Code

Deposit

$

Disbursement

$

Account Balance

05/26/20 {4} Commonwealth of Virginia Refund of bond posted by Debtor

for the property located at 6413 7th

Street

1129-000 1,000.00 1,000.00

06/30/20 Mechanics Bank Bank and Technology Services

Fee

2600-000 5.00 995.00

07/31/20 Mechanics Bank Bank and Technology Services

Fee

2600-000 5.00 990.00

08/31/20 Mechanics Bank Bank and Technology Services

Fee

2600-000 5.00 985.00

09/30/20 Mechanics Bank Bank and Technology Services

Fee

2600-000 5.00 980.00

10/30/20 Mechanics Bank Bank and Technology Services

Fee

2600-000 5.00 975.00

11/30/20 Mechanics Bank Bank and Technology Services

Fee

2600-000 5.00 970.00

12/31/20 Mechanics Bank Bank and Technology Services

Fees

2600-000 5.00 965.00

01/29/21 Mechanics Bank Bank and Technology Services

Fees

2600-000 5.00 960.00

02/23/21 Transfer Debit to Metropolitan

Commercial Bank acct

XXXXXX7950

Transition Debit to Metropolitan

Commercial Bank acct

XXXXXX7950

9999-000 960.00 0.00

COLUMN TOTALS

Subtotal

NET Receipts / Disbursements

Less: Bank Transfers/CDs

Less: Payments to Debtors

1,000.00

0.00

1,000.00

$1,000.00

1,000.00

960.00

40.00

0.00

$40.00

$0.00

{ } Asset Reference(s) UST Form 101-7-TDR ( 10 /1/2010) ! - transaction has not been cleared

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Document Page 8 of 10
Form 2

Cash Receipts And Disbursements Record

Exhibit 9

Page: 2

Case No.: 19-13713-BFK

Case Name: M&T HOME BUILDERS, LLC

Taxpayer ID #: **-***0215

For Period Ending: 09/10/2021

Trustee Name: Janet M. Meiburger (660410)

Bank Name: Metropolitan Commercial Bank

Account #: ******7950 Checking Account

Blanket Bond (per case limit): $3,000,000.00

Separate Bond (if applicable): N/A

1 2 3 4 5 6 7

Trans.

Date

Check or

Ref. #

Paid To / Received From Description of Transaction Uniform

Tran. Code

Deposit

$

Disbursement

$

Account Balance

02/23/21 Transfer Credit from Mechanics

Bank acct XXXXXX2266

Transition Credit from Mechanics

Bank acct XXXXXX2266

9999-000 960.00 960.00

02/26/21 Metropolitan Commercial Bank Bank and Technology Services

Fees

2600-000 5.00 955.00

03/01/21 {8} Rosa Isela Pozos Galves Settlement of Preference Claim

Against Eric Heyer and Rosa

Galvez Per Court Order (Docket

No. 32)

1241-000 11,014.56 11,969.56

03/02/21 1000 INSURANCE PARTNERS Bond Premium Payment on

Ledger Balance as of 2/24/2021

2300-000 1.02 11,968.54

03/31/21 Metropolitan Commercial Bank Bank and Technology Services

Fees

2600-000 19.33 11,949.21

05/26/21 1001 Janet M. Meiburger Dividend paid at 100.00% of

$1,951.46; Claim # FEE; Filed:

$1,951.46

2100-000 1,951.46 9,997.75

05/26/21 1002 Janet M. Meiburger Dividend paid at 100.00% of

$82.12; Claim # TE; Filed: $82.12

2200-000 82.12 9,915.63

05/26/21 1003 The Meiburger Law Firm, P.C. Dividend paid at 100.00% of

$2,612.50; Claim # ; Filed:

$2,612.50

3110-000 2,612.50 7,303.13

05/26/21 1004 Erik Bates Dividend paid at 7.55% of

$47,514.28; Claim # 2; Filed:

$100,000.00

7100-000 3,589.04 3,714.09

05/26/21 1005 William B. Morrison, III Dividend paid at 7.55% of

$49,169.79; Claim # 4; Filed:

$49,169.79

7100-000 3,714.09 0.00

COLUMN TOTALS

Subtotal

NET Receipts / Disbursements

Less: Bank Transfers/CDs

Less: Payments to Debtors

11,974.56

960.00

11,014.56

$11,014.56

11,974.56

0.00

11,974.56

0.00

$11,974.56

$0.00

{ } Asset Reference(s) UST Form 101-7-TDR ( 10 /1/2010) ! - transaction has not been cleared

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Document Page 9 of 10
Exhibit 9

Page: 3

Cash Receipts And Disbursements Record

Form 2

Blanket Bond (per case limit):

******7950 Checking Account

Metropolitan Commercial Bank

For Period Ending: 09/10/2021

Janet M. Meiburger (660410)

M&T HOME BUILDERS, LLC

Account #:

19-13713-BFK

N/A

Case No.:

Case Name:

Separate Bond (if applicable):

Trustee Name:

$3,000,000.00

Taxpayer ID #: **-***0215

Bank Name:

ACCOUNT

BALANCES

$12,014.56 $12,014.56

TOTAL - ALL ACCOUNTS NET

NET DEPOSITS DISBURSEMENTS

$0.00

$12,014.56

Plus Gross Adjustments: $0.00

Net Receipts: $12,014.56

Less Payments to Debtor:

Less Other Noncompensable Items:

$0.00

$0.00

Net Estate:

******2266 Checking Account $1,000.00 $40.00 $0.00

******7950 Checking Account $11,014.56 $11,974.56 $0.00

UST Form 101-7-TDR (10 /1/2010)

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