UST Form 101-7-TFR (5/1/2011)

UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

EASTERN DIVISION

In re: §

§

§

§

§

§

Case No. 16-24883

LAKEVA SCOTT

Debtor

TRUSTEE’S FINAL REPORT (TFR)

The undersigned trustee hereby makes this Final Report and states as follows:

1. A petition under chapter 7 of the United States Bankruptcy Code was filed on 08/02/2016. The 

undersigned trustee was appointed on 08/02/2016.

2. The trustee faithfully and properly fulfilled the duties enumerated in 11 U.S.C. § 704.

3. All scheduled and known assets of the estate have been reduced to cash, released to the debtor

as exempt property pursuant to 11 U.S.C. § 522, or have been or will be abandoned pursuant to 

11 U.S.C. § 554. An individual estate property record and report showing the disposition of all 

property of the estate is attached as Exhibit A.

4. The trustee realized gross receipts of $2,876.00

Funds were disbursed in the following amounts:

Payments made under an interim distribution $0.00

Administrative expenses $0.00

Bank service fees $21.89

Other Payments to creditors $0.00

Non-estate funds paid to 3rd Parties $0.00

Exemptions paid to the debtor $0.00

Other payments to the debtor $1,179.16

Leaving a balance on hand of1 $1,674.95

The remaining funds are available for distribution.

5. Attached as Exhibit B is a cash receipts and disbursements record for each estate bank account.

 

1 The balance on funds on hand in the estate may continue to earn interest until disbursed. The interest earned prior to disbursements will be distributed 

pro rata to creditors within each priority category. The trustee may receive additional compensation not to exceed the maximum compensation set forth 

under 11 U.S.C. § 326(a) on account of the disbursement of the additional interest.

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 1 of 13
UST Form 101-7-TFR (5/1/2011)

6. The deadline for filing non-governmental claims in this case was 08/02/2017 and the deadline 

for filing government claims was 08/02/2017. All claims of each class which will receive a 

distribution have been examined and any objections to the allowance of claims have been 

resolved. If applicable, a claims analysis, explaining why payment on any claim is not being 

made, is attached as Exhibit C.

7. The Trustee’s proposed distribution is attached as Exhibit D.

8. Pursuant to 11 U.S.C. § 326(a), the maximum compensation allowable to the trustee is $424.21. 

To the extent that additional interest is earned before case closing, the maximum compensation 

may increase.

The trustee has received $0.00 as interim compensation and now requests the sum of $424.21, 

for a total compensation of $424.212. In addition, the trustee received reimbursement for reasonable 

and necessary expenses in the amount of $0.00, and now requests reimbursement for expenses of 

$27.42, for total expenses of $27.42.

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

report is true and correct.

Date: 05/11/2018 By: /s/ David P. Leibowitz

Trustee

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.

 

2

If the estate is administratively insolvent, the dollar amounts reflected in this paragraph may be higher than the amounts listed in the Trustee’s Proposed 

Distribution (Exhibit D).

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 2 of 13
SCOTT, LAKEVA 08/02/2016 (f)

16-24883

Page No: 1

Date Filed (f) or Converted (c):

Trustee Name: David Leibowitz

Case Name:

Case No.:

FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Exhibit A

Asset Description

(Scheduled and

Unscheduled (u) Property)

1 2

 Petition/

Unscheduled

Value

3

Estimated Net Value

(Value Determined by

Trustee,

Less Liens, Exemptions,

and Other Costs)

Property

 Abandoned 

OA =§ 554(a) abandon.

4 5

Sales/Funds

Received by 

the Estate

6

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

For the Period Ending: §341(a) Meeting Date: 

Claims Bar Date:

5/11/2018 08/30/2016

08/02/2017

Ref. #

1 2004 Nissan Armada (180k miles) $9,225.00 $0.00 $0.00 FA

2 Misc used household goods and furnishings. $2,150.00 $2,150.00 $0.00 FA

3 2 Television, 1 DVD Player, 1 Tablet, 1 $1,000.00 $700.00 $0.00

Video-Game System and Cell Phone.

FA

4 Books & Family Pictures $50.00 $0.00 $0.00 FA

5 Necessary Wearing Apparel $400.00 $0.00 $0.00 FA

6 Costume Jewelry $50.00 $0.00 $0.00 FA

7 Cash $30.00 $0.00 $0.00 FA

8 Prepaid Debit Card Account Now $20.00 $0.00 $0.00 FA

9 Retirement Plan Ford Motor Company $3,556.00 $0.00 $0.00 FA

10 Term Life Insurance Policy through Employer - $0.00 $0.00 $0.00

No Cash Surrender Value

FA

11 2016 Federal Tax Refund (u) $0.00 $1,696.84 $1,696.84 FA

Asset Notes: Debtor's Pro-Rated Portion: $1,179.16

12 2017 Ford Profit-Sharing Payment (u) $0.00 $5,252.30 $0.00 FA

Asset Notes: Petition was filed 1/23/2017--most of this was earned post-petition.

13 2016 Ford Profit Sharing Payment (u) $3,494.00 $0.00 $0.00 FA

Asset Notes: updated per amended schedules filed 1/23/17

TOTALS (Excluding unknown value) Gross Value of Remaining Assets

Major Activities affecting case closing:

2017 Reporting Period:

Trustee intercepted Debtor's 2016 Federal Tax Refund of which, the estate portion is $1,696,84. The Trustee is additionally following-up regarding Debtor's Ford Profit-Sharing income 

from 2016.

Upon resolution of the profit-sharing funds, and after claims bar date (8/2/17) case will be ready for TFR.

05/26/2017

$19,975.00 $9,799.14 $1,696.84 $0.00 

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 3 of 13
SCOTT, LAKEVA 08/02/2016 (f)

16-24883

Page No: 2

Date Filed (f) or Converted (c):

Trustee Name: David Leibowitz

Case Name:

Case No.:

FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Exhibit A

Asset Description

(Scheduled and

Unscheduled (u) Property)

1 2

 Petition/

Unscheduled

Value

3

Estimated Net Value

(Value Determined by

Trustee,

Less Liens, Exemptions,

and Other Costs)

Property

 Abandoned 

OA =§ 554(a) abandon.

4 5

Sales/Funds

Received by 

the Estate

6

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

For the Period Ending: §341(a) Meeting Date: 

Claims Bar Date:

5/11/2018 08/30/2016

08/02/2017

Initial Projected Date Of Final Report (TFR): 04/26/2018 Current Projected Date Of Final Report (TFR):

DAVID LEIBOWITZ

/s/ DAVID LEIBOWITZ

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 4 of 13
Green Bank

David Leibowitz

SCOTT, LAKEVA

16-24883

FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name: Bank Name:

Case No. Trustee Name: 

Page No: 1 Exhibit B

Account Title:

Primary Taxpayer ID #:

Co-Debtor Taxpayer ID #: 

**-***9017 Checking Acct #: ******8301

For Period Ending: 5/11/2018

Blanket bond (per case limit): $5,000,000.00 

Separate bond (if applicable):

For Period Beginning: 8/2/2016

1

Transaction

Date

2

Check /

Ref. #

3

Paid to/

Received From

4

Description of Transaction

5

Deposit

$

6

Disbursement

$

Uniform

Tran Code

7

Balance

05/02/2017 US Treasury Income Tax Refund * $2,876.00 $2,876.00 

{11} estate portion of tax refund $1,696.84 1224-000 $2,876.00 

Debtor's portion $1,179.16 1280-000 $2,876.00 

05/05/2017 3001 LAKEVA SCOTT Debtor's Pro-Rated Portion - 2016 Tax Refund 8500-002 $1,179.16 $1,696.84 

05/31/2017 Green Bank Bank Service Fee 2600-000 $3.14 $1,693.70 

06/30/2017 Green Bank Bank Service Fee 2600-000 $2.82 $1,690.88 

07/31/2017 Green Bank Bank Service Fee 2600-000 $2.55 $1,688.33 

08/31/2017 Green Bank Bank Service Fee 2600-000 $2.72 $1,685.61 

09/29/2017 Green Bank Bank Service Fee 2600-000 $2.72 $1,682.89 

10/31/2017 Green Bank Bank Service Fee 2600-000 $2.62 $1,680.27 

11/30/2017 Green Bank Bank Service Fee 2600-000 $2.62 $1,677.65 

12/29/2017 Green Bank Bank Service Fee 2600-000 $2.70 $1,674.95 

TOTALS:

Less: Bank transfers/CDs

Subtotal

Less: Payments to debtors

Net

$2,876.00 $1,201.05 

$0.00 $0.00 

$2,876.00 $1,201.05 

$0.00 $0.00 

$2,876.00 $1,201.05 $1,674.95 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements:

$2,876.00 

$0.00 

$2,876.00 

$21.89 

$1,179.16 

$1,201.05 

$0.00 

$0.00 

For the period of 8/2/2016 to 5/11/2018

$2,876.00 

$0.00 

$21.89 

$1,179.16 

$2,876.00 

$1,201.05 

$0.00 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

For the entire history of the account between 05/01/2017 to 5/11/2018

Total Internal/Transfer Disbursements: $0.00 

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 5 of 13
Green Bank

David Leibowitz

SCOTT, LAKEVA

16-24883

FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name: Bank Name:

Case No. Trustee Name: 

Page No: 2 Exhibit B

Account Title:

Primary Taxpayer ID #:

Co-Debtor Taxpayer ID #: 

**-***9017 Checking Acct #: ******8301

For Period Ending: 5/11/2018

Blanket bond (per case limit): $5,000,000.00 

Separate bond (if applicable):

For Period Beginning: 8/2/2016

1

Transaction

Date

2

Check /

Ref. #

3

Paid to/

Received From

4

Description of Transaction

5

Deposit

$

6

Disbursement

$

Uniform

Tran Code

7

Balance

TOTAL - ALL ACCOUNTS NET DEPOSITS DISBURSE

NET

BALANCES

ACCOUNT

$2,876.00 $1,201.05 $1,674.95 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements:

For the period of 8/2/2016 to 5/11/2018

$2,876.00 

$1,201.05 

$2,876.00 

$0.00 

$21.89 

$1,179.16 

$0.00 

$0.00 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

For the entire history of the case between 08/02/2016 to 5/11/2018

$2,876.00 

$0.00 

$21.89 

$1,179.16 

$2,876.00 

$1,201.05 

$0.00 

Total Internal/Transfer Disbursements: $0.00 

/s/ DAVID LEIBOWITZ

DAVID LEIBOWITZ

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 6 of 13
CLAIM ANALYSIS REPORT Page No: 1

Exhibit C

Case Name:

Case No.

SCOTT, LAKEVA

16-24883

Date: 5/11/2018

Trustee Name: David Leibowitz

Claims Bar Date: 08/02/2017

Claim 

No.:

Creditor Name Claim 

Class 

Uniform

Tran 

Code

Amount 

Allowed

Amount 

Paid

Net

Remaining 

Balance

Claim Interest Tax

Status

DAVID P. LEIBOWITZ Trustee 

Compensatio

n

Allowed 2100-000 $424.21 $0.00 $0.00 $0.00 $424.21 

53 West Jackson 

Boulevard, Suite 1115

Chicago IL 60604

DAVID P. LEIBOWITZ Trustee 

Expenses

Allowed 2200-000 $27.42 $0.00 $0.00 $0.00 $27.42 

53 West Jackson 

Boulevard, Suite 1115

Chicago IL 60604

SPEEDYRAPID CASH General 

Unsecured § 

726(a)(2)

1 Allowed 7100-000 $141.50 $0.00 $0.00 $0.00 $141.50 

P O Box 780408

Wichita KS 67278

NAVIENT 

SOLUTIONS, LLC. ON 

BEHALF OF

General 

Unsecured § 

726(a)(2)

9 Allowed 7100-000 $14,305.49 $0.00 $0.00 $0.00 $14,305.49 

Department of Education 

Loan Services

PO BOX 9635

Barre PA 18773-9635

DIRECTV, LLC General 

Unsecured § 

726(a)(2)

10 Allowed 7100-000 $625.34 $0.00 $0.00 $0.00 $625.34 

by American InfoSource 

LP as agent

4515 N Santa Fe Ave

Oklahoma City OK 

73118

TD BANK, USA Payments to 

Unsecured 

Credit Card 

Holders

2 Allowed 7100-900 $1,251.86 $0.00 $0.00 $0.00 $1,251.86 

by American InfoSource 

LP as agent

4515 N Santa Fe Ave

Oklahoma City OK 

73118

QUANTUM3 GROUP 

LLC AS AGENT FOR

Payments to 

Unsecured 

Credit Card 

Holders

3 Allowed 7100-900 $348.04 $0.00 $0.00 $0.00 $348.04 

Sadino Funding LLC

PO Box 788

Kirkland WA 

98083-0788

Claim Notes: (3-1) Money Loaned

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 7 of 13
CLAIM ANALYSIS REPORT Page No: 2

Exhibit C

Case Name:

Case No.

SCOTT, LAKEVA

16-24883

Date: 5/11/2018

Trustee Name: David Leibowitz

Claims Bar Date: 08/02/2017

Claim 

No.:

Creditor Name Claim 

Class 

Uniform

Tran 

Code

Amount 

Allowed

Amount 

Paid

Net

Remaining 

Balance

Claim Interest Tax

Status

CAPITAL ONE BANK 

(USA), N.A.

Payments to 

Unsecured 

Credit Card 

Holders

4 Allowed 7100-900 $2,490.81 $0.00 $0.00 $0.00 $2,490.81 

PO Box 71083

Charlotte NC 

28272-1083

QUANTUM3 GROUP 

LLC AS AGENT FOR

Payments to 

Unsecured 

Credit Card 

Holders

5 Allowed 7100-900 $421.78 $0.00 $0.00 $0.00 $421.78 

MOMA Funding LLC

PO Box 788

Kirkland WA 

98083-0788

Claim Notes: (5-1) Money Loaned

QUANTUM3 GROUP 

LLC AS AGENT FOR

Payments to 

Unsecured 

Credit Card 

Holders

6 Allowed 7100-900 $953.59 $0.00 $0.00 $0.00 $953.59 

MOMA Funding LLC

PO Box 788

Kirkland WA 

98083-0788

Claim Notes: (6-1) Money Loaned

QUANTUM3 GROUP 

LLC AS AGENT FOR

Payments to 

Unsecured 

Credit Card 

Holders

7 Allowed 7100-900 $601.31 $0.00 $0.00 $0.00 $601.31 

MOMA Funding LLC

PO Box 788

Kirkland WA 

98083-0788

Claim Notes: (7-1) Money Loaned

PYOD, LLC ITS 

SUCCESSORS AND 

ASSIGNS AS 

ASSIGNEE

Payments to 

Unsecured 

Credit Card 

Holders

8 Allowed 7100-900 $2,176.47 $0.00 $0.00 $0.00 $2,176.47 

of Citibank, N.A.

Resurgent Capital 

Services

PO Box 19008

Greenville SC 29602

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 8 of 13
CLAIM ANALYSIS REPORT Page No: 3

Exhibit C

Case Name:

Case No.

SCOTT, LAKEVA

16-24883

Date: 5/11/2018

Trustee Name: David Leibowitz

Claims Bar Date: 08/02/2017

Claim 

No.:

Creditor Name Claim 

Class 

Uniform

Tran 

Code

Amount 

Allowed

Amount 

Paid

Net

Remaining 

Balance

Claim Interest Tax

Status

DEPARTMENT 

STORES NATIONAL 

BANK

Payments to 

Unsecured 

Credit Card 

Holders

11 Allowed 7100-900 $942.19 $0.00 $0.00 $0.00 $942.19 

c/o Quantum3 Group 

LLC

PO Box 657

Kirkland WA 

98083-0657

Claim Notes: (11-1) Money Loaned

$24,710.01 $0.00 $0.00 $0.00 $24,710.01 

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 9 of 13
CLAIM ANALYSIS REPORT Page No: 4

Exhibit C

Case Name:

Case No.

SCOTT, LAKEVA

16-24883

Date: 5/11/2018

Trustee Name: David Leibowitz

Claims Bar Date: 08/02/2017

CLAIM CLASS SUMMARY TOTALS

Claim Class Claim 

Amount

Amount 

Allowed

Amount 

Paid

Net

Remaining 

Balance

Interest Tax

General Unsecured § 726(a)(2) $15,072.33 $15,072.33 $0.00 $0.00 $0.00 $15,072.33 

Payments to Unsecured Credit Card $9,186.05 $9,186.05 $0.00 $0.00 $9,186.05 

Holders

$0.00 

Trustee Compensation $424.21 $424.21 $0.00 $0.00 $0.00 $424.21 

Trustee Expenses $27.42 $27.42 $0.00 $0.00 $0.00 $27.42 

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 10 of 13
UST Form 101-7-TFR (5/1/2011)

Exhibit D

TRUSTEE’S PROPOSED DISTRIBUTION

Case No.: 16-24883

Case Name: LAKEVA SCOTT

Trustee Name: David P. Leibowitz

Balance on hand: $1,674.95

Claims of secured creditors will be paid as follows: NONE

Total to be paid to secured creditors: $0.00

Remaining balance: $1,674.95

Applications for chapter 7 fees and administrative expenses have been filed as follows: 

Reason/Applicant Total 

Requested

Interim 

Payments to 

Date

Proposed 

Payment

David P. Leibowitz, Trustee Fees $424.21 $0.00 $424.21 

David P. Leibowitz, Trustee Expenses $27.42 $0.00 $27.42 

Total to be paid for chapter 7 administrative expenses: $451.63

Remaining balance: $1,223.32

Applications for prior chapter fees and administrative expenses have been filed as follows: 

NONE

Total to be paid to prior chapter administrative expenses: $0.00

Remaining balance: $1,223.32

In addition to the expenses of administration listed above as may be allowed by the Court, 

priority claims totaling $0.00 must be paid in advance of any dividend to general (unsecured) creditors.

Allowed priority claims are: NONE

Total to be paid to priority claims: $0.00

Remaining balance: $1,223.32

The actual distribution to wage claimants included above, if any, will be the proposed payment 

less applicable withholding taxes (which will be remitted to the appropriate taxing authorities).

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 11 of 13
UST Form 101-7-TFR (5/1/2011)

Timely claims of general (unsecured) creditors totaling $24,258.38 have been allowed and will be 

paid pro rata only after all allowed administrative and priority claims have been paid in full. The timely 

allowed general (unsecured) dividend is anticipated to be 5.0 percent, plus interest (if applicable).

Timely allowed general (unsecured) claims are as follows: 

Claim No. Claimant Allowed Amt. 

of Claim 

Interim 

Payments to 

Date 

Proposed 

Amount 

1 SpeedyRapid Cash $141.50 $0.00 $7.13 

2 TD Bank, USA $1,251.86 $0.00 $63.13 

3 Quantum3 Group LLC as agent for $348.04 $0.00 $17.55 

4 Capital One Bank (USA), N.A. $2,490.81 $0.00 $125.61 

5 Quantum3 Group LLC as agent for $421.78 $0.00 $21.27 

6 Quantum3 Group LLC as agent for $953.59 $0.00 $48.09 

7 Quantum3 Group LLC as agent for $601.31 $0.00 $30.32 

8 PYOD, LLC its successors and assigns 

as assignee 

$2,176.47 $0.00 $109.76 

9 Navient Solutions, LLC. on behalf of $14,305.49 $0.00 $721.41 

10 Directv, LLC $625.34 $0.00 $31.54 

11 Department Stores National Bank $942.19 $0.00 $47.51 

Total to be paid to timely general unsecured claims: $1,223.32

Remaining balance: $0.00

Tardily filed claims of general (unsecured) creditors totaling $0.00 have been allowed and will be 

paid pro rata only after all allowed administrative, priority and timely filed general (unsecured) claims 

have been paid in full. The tardily filed claim dividend is anticipated to be 0.0 percent, plus interest (if 

applicable).

Tardily filed general (unsecured) claims are as follows: NONE

Total to be paid to tardily filed general unsecured claims: $0.00

Remaining balance: $0.00

Subordinated unsecured claims for fines, penalties, forfeitures, or damages and claims ordered 

subordinated by the Court totaling $0.00 have been allowed and will be paid pro rata only after all 

allowed administrative, priority and general (unsecured) claims have been paid in full. The dividend for 

subordinated unsecured claims is anticipated to be 0.0 percent, plus interest (if applicable).

Subordinated unsecured claims for fines, penalties, forfeitures or damages and claims ordered 

subordinated by the Court are as follows: NONE

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 12 of 13
UST Form 101-7-TFR (5/1/2011)

Total to be paid for subordinated claims: $0.00

Remaining balance: $0.00

Case 16-24883 Doc 41 Filed 05/25/18 Entered 05/25/18 08:49:02 Desc Main

 Document Page 13 of 13