UNITED STATES BANKRUPTCY COURT

 

 

 DISTRICT OF 

 DIVISION

 

CHAPTER 7 TRUSTEE’S FINAL ACCOUNT AND DISTRIBUTION

REPORT CERTIFICATION THAT THE ESTATE HAS BEEN FULLY

ADMINISTERED AND APPLICATION TO BE DISCHARGED (TDR)

Peter N. Metrou, Trustee, chapter 7 trustee, submits this Final Account, Certification that

the Estate has been Fully Administered and Application to be Discharged.

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:

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

third parties of $ (see Exhibit 2), yielded net receipts of $ from the

liquidation of the property of the estate, which was distributed as follows:

In re: §

§

MODESTO MARTINEZ § Case No. 16-27543

LIDUVINA MARTINEZ §

§

Debtors §

Assets Abandoned:

(Without deducting any secured claims)

Assets Exempt:

Total Distributions to Claimants: Claims Discharged

Without Payment: 

Total Expenses of Administration: 

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

15,856.69 

101-7-TDR /2009 2 20,007.94 NORTHERN 

ILLINOIS18,727.19 142,141.00 EASTERN 2,870.50 1,200.00 6,000.00 

/2010 1,280.75 ems Inc. A

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4) This case was originally filed under chapter on . The case was pending

for 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.

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.

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED

CLAIMS

PAID

SECURED CLAIMS

(from Exhibit 3) $ $ $ $

PRIORITY CLAIMS:

CHAPTER 7 ADMIN. FEES

AND CHARGES

(from Exhibit 4)

PRIOR CHAPTER

ADMIN. FEES AND

CHARGES (from Exhibit 5)

PRIORITY UNSECURED

CLAIMS (from Exhibit 6)

GENERAL UNSECURED

CLAIMS (from Exhibit 7)

TOTAL DISBURSEMENTS $ $ $ $

Dated: By:/s/Peter N. Metrou, Trustee

Trustee

UST Form 101-7-TDR (10/1/2010) (Page: 2)

123,793.00 NA 7

NA 15,856.69 NA 18,727.19 18,727.19 NA 2,870.50 NA 2,870.50 12 0.00 0.00 0.00 0.00 0.00 08/09/2017 15,856.69 15,856.69 160,489.00 18,727.19 0.00 36,696.00 NA 2,870.50 08/26/2016

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EXHIBITS TO

FINAL ACCOUNT

EXHIBIT 1 – GROSS RECEIPTS

EXHIBIT 2 – FUNDS PAID TO DEBTOR & THIRD PARTIES

EXHIBIT 3 – SECURED CLAIMS

DESCRIPTION UNIFORM

TRAN. CODE1

$ AMOUNT

RECEIVED

TOTAL GROSS RECEIPTS $

1

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

PAYEE DESCRIPTION UNIFORM

TRAN. CODE

$ AMOUNT

PAID

MODESTO MARTINEZ and

LIDUVINA MARTINEZ

TOTAL FUNDS PAID TO DEBTOR &

THIRD PARTIES

$

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form 6D)

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

Td Auto Finance, PO Box

9223 Farmington Hills, MI

48333-9223

TD Auto Finance

TOTAL SECURED CLAIMS $ $ $ $ 

UST Form 101-7-TDR (10/1/2010) (Page: 3)

15,856.69 2012 INFINITI QX 4210-000 0.00 15,856.69 1,280.75 15,856.69 NA 1129-000 20,007.94 36,696.00 20,007.94 18,348.00 18,348.00 15,856.69 1,280.75

Surplus Funds Paid to Debtor 726

(a)(6) (includes Payments to

shareholders and limited partners) 8200-002 15,856.69 15,856.69 NA

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EXHIBIT 4 – CHAPTER 7 ADMINISTRATIVE FEES and CHARGES

EXHIBIT 5 – PRIOR CHAPTER ADMINISTRATIVE FEES and CHARGES

EXHIBIT 6 – PRIORITY UNSECURED CLAIMS

PAYEE

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

Peter N. Metrou

Peter N. Metrou

LTD. International Sureties

Associated Bank

CLERK OF THE COURT

TOTAL CHAPTER 7 ADMIN. FEES

AND CHARGES

$ $ $ $ 

PAYEE

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

NA

TOTAL PRIOR CHAPTER ADMIN.

FEES AND CHARGES

$ $ $ $ 

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6E)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

UST Form 101-7-TDR (10/1/2010) (Page: 4)

NANANANANA 2,870.50 NA 2200-000 2100-000 2600-000 2300-000 2700-000 NA 181.00 31.64 2.35 32.79 NA 2,622.72 NA NA NA NA 32.79 2,622.72 31.64 NA 2.35 181.00 0.00 NA 2.35 32.79 181.00 31.64 NA 2,870.50 2,622.72 NA 2,870.50NA 0.00

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EXHIBIT 7 – GENERAL UNSECURED CLAIMS

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6E)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

TOTAL PRIORITY UNSECURED

CLAIMS

$ $ $ $ 

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6F)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

Everbank, 10912 S Western

Ave Chicago, IL 60643-3205

Heavner, Scott, Beyers, &

Mihlar LLC, 60 W Randolph

St Ste 200 Chicago, IL 60601-

3378

Marquette's Crossing West -

HOA, PO Box 7504

Romeoville, IL 60446-0504

TOTAL GENERAL UNSECURED

CLAIMS

$ $ $ $ 

UST Form 101-7-TDR (10/1/2010) (Page: 5)

123,293.00 0.00 500.00 0.00 NA 0.00 0.00 0.00 NANANA NANANA 0.00 0.00 0.00 0.00 123,793.00 0.00

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Exhibit 8

FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Case No: 16-27543 BWB Judge: Bruce W. Black Trustee Name: Peter N. Metrou, Trustee

Case Name: MODESTO MARTINEZ Date Filed (f) or Converted (c): 08/26/2016 (f)

LIDUVINA MARTINEZ 341(a) Meeting Date: 09/19/2016

For Period Ending: 08/09/2017 Claims Bar Date: 01/25/2017

1 2 3 4 5 6

Asset Description

(Scheduled and Unscheduled (u) Property)

Petition/

Unscheduled

Values

Est Net Value

(Value Determined by 

Trustee, Less Liens, 

Exemptions,

and Other Costs)

Property Formally

Abandoned

OA=554(a)

Sale/Funds

Received by

the Estate

Asset Fully

Administered (FA)/

Gross Value of Remaining 

Assets

1. 2000 TOYOTA ECHO 100,000 MILES 1,500.00 0.00 0.00 FA

2. 1990 FORD FESTIVA 220,000 MILES 500.00 0.00 0.00 FA

3. 2012 INFINITI QX 15,000.00 15,000.00 20,007.94 FA

4. FURNITURE AND HOUSEHOLD GOODS 1,200.00 0.00 0.00 FA

5. PERSONAL CLOTHING 500.00 0.00 0.00 FA

6. CHASE 100.00 0.00 0.00 FA

7. CHASE 3,400.00 0.00 0.00 FA

Gross Value of Remaining Assets

TOTALS (Excluding Unknown Values) $22,200.00 $15,000.00 $20,007.94 $0.00

(Total Dollar Amount in Column 6)

Major activities affecting case closing which are not reflected above, and matters pending, date of hearing or sale, and other action:

Liquidation of Debtor's vehicle. Motion to employ auctioneer 11/3/2016. Motion to sell free and clear and defer filing fee 12/15/2016. 

RE PROP # 3 -- Liquidated per dckt# 32 order.

Initial Projected Date of Final Report (TFR): 06/30/2017 Current Projected Date of Final Report (TFR): 06/30/2017

Page: 1

UST Form 101-7-TDR (10/1/2010) (Page: 6)

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Exhibit 9

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-27543 Trustee Name: Peter N. Metrou, Trustee

Case Name: MODESTO MARTINEZ Bank Name: Associated Bank

LIDUVINA MARTINEZ Account Number/CD#: XXXXXX5801

Checking

Taxpayer ID No: XX-XXX4398 Blanket Bond (per case limit): $1,000,000.00

For Period Ending: 08/09/2017 Separate Bond (if applicable):

1 2 3 4 5 6 7

Transaction Date Check or 

Reference

Paid To / Received From Description of Transaction Uniform Tran. 

Code

Deposits ($) Disbursements ($) Account/CD Balance 

($)

01/04/17 3 Blue Rudge Automotive Grup, Inc.

Lifetime Wholesale

4531 N. Federal HWY

Pompano Beach, FL 33064

Liquidation of Schedule B 

property 

Sale of 2011 Infinity per dckt# 

32

1129-000 $20,000.00 $20,000.00

01/10/17 101 TD Auto Finance

TD Bank Lockbox

TD Auto Finance - 16039

Mailstop ME2-074-017

6 Atlantis Way

Lewiston, ME 04240

Payment on secured lien 

per dckt #32

4210-000 $15,856.69 $4,143.31

02/07/17 Associated Bank Bank Service Fee under 11 

U.S.C.  330(a)(1)(B), 503(b)

(1), and 507(a)(2)

2600-000 $11.64 $4,131.67

02/07/17 102 LTD. International Sureties

701 Poydras St.

New Orleans, LA 70139

Bond Payment 2300-000 $2.35 $4,129.32

02/27/17 3 TD Auto Finance

27777 Onkster Road

Farmington Hills, MI 48334

Refund on payoff of auto sold 

per court approval

1129-000 $7.94 $4,137.26

03/07/17 Associated Bank Bank Service Fee under 11 

U.S.C.  330(a)(1)(B), 503(b)

(1), and 507(a)(2)

2600-000 $10.00 $4,127.26

04/07/17 Associated Bank Bank Service Fee under 11 

U.S.C.  330(a)(1)(B), 503(b)

(1), and 507(a)(2)

2600-000 $10.00 $4,117.26

07/07/17 103 Peter N. Metrou

123 W. Washington St., Ste 216

Oswego, IL 60543

Distribution $2,655.51 $1,461.75

Peter N. Metrou Final distribution representing a 

payment of 100.00 % per court 

order.

($2,622.72) 2100-000

Peter N. Metrou Final distribution representing a 

payment of 100.00 % per court 

order.

($32.79) 2200-000

07/07/17 104 CLERK OF THE COURT

Attn: Fiscal Dept.

219 South Dearborn St., 7th Floor

Chicago, IL 60604

Final distribution representing a 

payment of 100.00 % per court 

order.

2700-000 $181.00 $1,280.75

Page Subtotals: $20,007.94 $18,727.19

Page: 1

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

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Exhibit 9

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-27543 Trustee Name: Peter N. Metrou, Trustee

Case Name: MODESTO MARTINEZ Bank Name: Associated Bank

LIDUVINA MARTINEZ Account Number/CD#: XXXXXX5801

Checking

Taxpayer ID No: XX-XXX4398 Blanket Bond (per case limit): $1,000,000.00

For Period Ending: 08/09/2017 Separate Bond (if applicable):

1 2 3 4 5 6 7

Transaction Date Check or 

Reference

Paid To / Received From Description of Transaction Uniform Tran. 

Code

Deposits ($) Disbursements ($) Account/CD Balance 

($)

07/07/17 105 MODESTO MARTINEZ and LIDUVINA 

MARTINEZ

Distribution of surplus funds to 

debtor.

8200-002 $1,280.75 $0.00

COLUMN TOTALS $20,007.94 $20,007.94

Less: Bank Transfers/CD's $0.00 $0.00

Subtotal $20,007.94 $20,007.94

Less: Payments to Debtors $0.00 $1,280.75

Net $20,007.94 $18,727.19

Page Subtotals: $0.00 $1,280.75

Page: 2

UST Form 101-7-TDR (10/1/2010) (Page: 8)

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Exhibit 9

TOTAL OF ALL ACCOUNTS

NET ACCOUNT

NET DEPOSITS DISBURSEMENTS BALANCE

XXXXXX5801 - Checking $20,007.94 $18,727.19 $0.00

$20,007.94 $18,727.19 $0.00

(Excludes account

transfers)

(Excludes payments

to debtors)

Total Funds on Hand

Total Allocation Receipts: $0.00

Total Net Deposits: $20,007.94

Total Gross Receipts: $20,007.94

Page Subtotals: $0.00 $0.00

Page: 3

UST Form 101-7-TDR (10/1/2010) (Page: 9)

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