UNITED STATES BANKRUPTCY COURT

 

 

 DISTRICT OF 

 DIVISION

 

TRUSTEE’S FINAL REPORT (TFR)

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

1. A petition under chapter of the United States Bankruptcy Code was filed on

. The undersigned trustee was appointed on .

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.

In re: §

§

JAMES J. DOYLE § Case No. 16-26482

LISA JEFFRIES DOYLE §

§

Debtors §

4. The trustee realized gross receipts of $

Funds were disbursed in the following amounts:

Payments made under an interim

disbursement

Administrative expenses

Bank service fees

Other payments to creditors

Non-estate funds paid to 3rd Parties

Exemptions paid to the debtor

Other payments to the debtor

Leaving a balance on hand of1$

____________________

1

The balance of funds on hand in the estate may continue to earn interest until disbursed. The interest earned prior to disbursement

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.

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

0.00 

101-7-TFR /2009 0.00 38,712.67 0.00 3 NORTHERN /2011 

ILLINOIS 0.00 3,465.00 0.00 

A 7

08/17/2016 35,247.67 0.00 

ems Inc. 08/17/2016 EASTERN

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 1 of 11
5. Attached as Exhibit B is a cash receipts and disbursements record for each estate bank

account.

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

deadline for filing governmental claims was . 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

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

compensation may increase.

The trustee has received $ as interim compensation and now requests a sum of

$ , for a total compensation of $ 2. In addition, the trustee received

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

reimbursement for expenses of $ , for total expenses of $ 2.

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.

The remaining funds are available for distribution.

Date: By:/s/BARRY A. CHATZ

Trustee

____________________

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).

UST Form 101-7-TFR (5/1/2011) (Page: 2)

4,274.77 64.90 0.00 05/25/2017 0.00 4,274.77 03/09/2017 03/09/2017 64.90 4,274.77

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 2 of 11
Exhibit A

FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Case No: 16-26482 ABG Judge: A. Benjamin Goldgar Trustee Name: BARRY A. CHATZ

Case Name: JAMES J. DOYLE Date Filed (f) or Converted (c): 08/17/2016 (f)

LISA JEFFRIES DOYLE 341(a) Meeting Date: 09/13/2016

For Period Ending: 05/25/2017 Claims Bar Date: 03/09/2017

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. Real estate - 16336 67tth Court, Tinley Park, IL 60477 174,328.00 0.00 0.00 FA

2. Automobiles, Trucks and Vehicles - 2009 Honoda CR-V, 

81,000 

8,044.00 0.00 0.00 FA

3. Automobiles, Trucks and Vehicles - 1998 Camry, 170,000 

miles

505.00 0.00 0.00 FA

4. Household goods and furnishings 1,200.00 0.00 0.00 FA

5. Computer, printer, supplies 500.00 0.00 0.00 FA

6. Electronics (flat screen tv, computer, printer, music collec 450.00 0.00 0.00 FA

7. Everyday clothes, shoes, accessories 250.00 0.00 0.00 FA

8. Everyday jewelry, wedding rings 300.00 0.00 0.00 FA

9. Checking account - Chase 172.00 0.00 0.00 FA

10. Savings account - Chase 323.00 0.00 0.00 FA

11. Cats 0.00 0.00 0.00 FA

12. Term life insurance - no cash value 0.00 0.00 0.00 FA

13. 401(k) - Chase Unknown 0.00 0.00 FA

14. 401(k) - Employer Unknown 0.00 0.00 FA

15. James Doyle's inheritance from his brother's Roth IRA. (u) 8,011.00 8,011.00 8,011.00 FA

16. James Doyle's inheritance from his brother's 401(k). (u) 30,701.67 30,701.67 30,701.67 FA

17. Stock and interests in businesses - Microsoft 255.00 0.00 0.00 FA

18. Stocks, interests in business - JP Morgan Chase 435.00 0.00 0.00 FA

19. Stocks, interests in incorporated and unincorporated busines 1,700.00 0.00 0.00 FA

Gross Value of Remaining Assets

TOTALS (Excluding Unknown Values) $227,174.67 $38,712.67 $38,712.67 $0.00

(Total Dollar Amount in Column 6)

Page: 1

UST Form 101-7-TFR (5/1/2011) (Page: 3)

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 3 of 11
Exhibit A

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

12/31/16 - Single Asset - inheritance.

RE PROP # 4 -- Furniture, linens, small appliances, table & chairs, bedroom set

RE PROP # 5 -- Computer

RE PROP # 6 -- Flat screen tv, computer, printer, music collection, cell phone

RE PROP # 15 -- Debtor's brother passed away post-petition.

RE PROP # 16 -- Debtor's brother passed away post-petition.

Initial Projected Date of Final Report (TFR): 06/30/2018 Current Projected Date of Final Report (TFR): 06/30/2018

Page: 2

UST Form 101-7-TFR (5/1/2011) (Page: 4)

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 4 of 11
Exhibit B

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-26482 Trustee Name: BARRY A. CHATZ

Case Name: JAMES J. DOYLE Bank Name: Union Bank

LISA JEFFRIES DOYLE Account Number/CD#: XXXXXX0888

Checking

Taxpayer ID No: XX-XXX1881 Blanket Bond (per case limit): $5,000,000.00

For Period Ending: 05/25/2017 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 

($)

03/14/17 LISA JEFFRIES DOYLE LIQUIDATION OF OTHER 

ASSET 

DEBTOR WAS BENEFICIARY 

TO BROTHER'S 401(K) PLAN 

WHICH HE DID NOT KNOW 

HE WAS.

Deposit was received and 

verified by BAC 3/27/17

$38,712.67 $38,712.67

Gross Receipts $38,712.67

15 James Doyle's inheritance from 

his brother's Roth IRA.

$8,011.00 1229-000

16 James Doyle's inheritance from 

 his brother's 401(k).

$30,701.67 1229-000

04/13/17 400001 JAMES J. DOYLE

16336 67TH COURT

TINLEY PARK, IL 60477

Exemption pursuant to 

Amended Schedules filed 

3/28/17

8100-000 $0.00 $38,712.67

04/13/17 400001 JAMES J. DOYLE

16336 67TH COURT

TINLEY PARK, IL 60477

EXEMPTION Reversal 

Amount should be $3,465.00 - 

not $0.00

8100-000 $0.00 $38,712.67

04/13/17 400002 JAMES J. DOYLE

16336 67TH COURT

TINLEY PARK, IL 60477

Exemption pursuant to 

Amended Schedules filed 

3/28/17

8100-002 $3,465.00 $35,247.67

COLUMN TOTALS $38,712.67 $3,465.00

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

Subtotal $38,712.67 $3,465.00

Less: Payments to Debtors $0.00 $3,465.00

Net $38,712.67 $0.00

Page Subtotals: $38,712.67 $3,465.00

Page: 1

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

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 5 of 11
Exhibit B

TOTAL OF ALL ACCOUNTS

NET ACCOUNT

NET DEPOSITS DISBURSEMENTS BALANCE

XXXXXX0888 - Checking $38,712.67 $0.00 $35,247.67

$38,712.67 $0.00 $35,247.67

(Excludes account

transfers)

(Excludes payments

to debtors)

Total Funds on Hand

Total Allocation Receipts: $0.00

Total Net Deposits: $38,712.67

Total Gross Receipts: $38,712.67

Page Subtotals: $0.00 $0.00

Page: 2

UST Form 101-7-TFR (5/1/2011) (Page: 6)

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 6 of 11
Exhibit C

ANALYSIS OF CLAIMS REGISTER

Case Number: 16-26482 Date: May 25, 2017

Debtor Name: JAMES J. DOYLE

Claims Bar Date: 3/9/2017

Page 1 Printed: May 25, 2017

Code # Creditor Name And Address Claim Class Notes Scheduled Claimed Allowed

$0.00 $4,274.77 $4,274.77

100

2100

BARRY A. CHATZ

120 S. RIVERSIDE PLAZA

CHICAGO, IL 60606-0000

Administrative

$0.00 $64.90 $64.90

100

2200

BARRY A. CHATZ

120 S. RIVERSIDE PLAZA

CHICAGO, IL 60606-0000

Administrative

$0.00 $1,545.00 $1,545.00

100

3210

COHEN & KROL 

105 WEST MADISON STREET

SUITE 1100

CHICAGO, IL 60602

Administrative

$0.00 $1.07 $1.07

100

3220

COHEN & KROL 

105 WEST MADISON STREET

SUITE 1100

CHICAGO, IL 60602

Administrative

$0.00 $3,465.00 $3,465.00

99

8100

James J. Doyle

15336 67th Court

Tinley Park, IL 60477

Administrative

1 $0.00 $8,501.98 $8,501.98

300

7100

American Infosource Lp As Agent

For

Td Bank, Usa

Po Box 248866

Oklahoma City, Ok 73124-8866

Unsecured

2 $0.00 $14,896.37 $14,896.37

300

7100

DISCOVER BANK 

DISCOVER PRODUCTS INC.

PO BOX 3025

NEW ALBANY, OH 43054-3025

Unsecured

3 $0.00 $17,622.48 $17,622.48

300

7100

FIFTH THIRD BANK 

PO BOX 9013

ADDISON, TX 75001

Unsecured

4 $0.00 $91.88 $91.88

300

7100

Portfolio Recovery Associates, Llc

Successor To Synchrony Bank

(Gap Visa Card)

Pob 41067

Norfolk, Va 23541

Unsecured

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

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 7 of 11
Exhibit C

ANALYSIS OF CLAIMS REGISTER

Case Number: 16-26482 Date: May 25, 2017

Debtor Name: JAMES J. DOYLE

Claims Bar Date: 3/9/2017

Page 2 Printed: May 25, 2017

Code # Creditor Name And Address Claim Class Notes Scheduled Claimed Allowed

5 $0.00 $171.58 $171.58

300

7100

Portfolio Recovery Associates, Llc

Successor To Synchrony Bank

(Sams Club)

Pob 41067

Norfolk, Va 23541

Unsecured

Case Totals $0.00 $50,635.03 $50,635.03

Code#: Trustee’s Claim Number, Priority Code, Claim Type (UTC)

UST Form 101-7-TFR (5/1/2011) (Page: 8)

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 8 of 11
TRUSTEE’S PROPOSED DISTRIBUTION

Exhibit D

Case No.: 16-26482

Case Name: JAMES J. DOYLE

LISA JEFFRIES DOYLE

Trustee Name: BARRY A. CHATZ

Claims of secured creditors will be paid as follows:

NONE

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

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

NONE

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

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

Allowed priority claims are:

Balance on hand $

Reason/Applicant Total Requested

Interim Payments

to Date

Proposed

Payment

Trustee Fees: BARRY A. CHATZ $ $ $

Trustee Expenses: BARRY A. CHATZ $ $ $

Attorney for Trustee Fees: COHEN &

KROL $ $ $

Attorney for Trustee Expenses: COHEN &

KROL $ $ $

Total to be paid for chapter 7 administrative expenses $

Remaining Balance $

UST Form 101-7-TFR (5/1/2011) (Page: 9)

0.00 64.90 1.07 0.00 0.00 1,545.00 5,885.74 0.00 4,274.77 64.90 29,361.93 1.07 1,545.00 0.00 35,247.67 4,274.77

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 9 of 11
NONE

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).

Timely claims of general (unsecured) creditors totaling $ 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 percent, plus interest (if

applicable).

Timely allowed general (unsecured) claims are as follows:

Tardily filed claims of general (unsecured) creditors totaling $ 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 percent.

Tardily filed general (unsecured) claims are as follows:

Claim No. Claimant

Allowed Amount

of Claim

Interim Payments

to Date

Proposed

Payment

1

American Infosource Lp As

Agent For $ $ $

2 DISCOVER BANK $ $ $

3 FIFTH THIRD BANK $ $ $

4

Portfolio Recovery

Associates, Llc $ $ $

5

Portfolio Recovery

Associates, Llc $ $ $

Total to be paid to timely general unsecured creditors $

Remaining Balance $

UST Form 101-7-TFR (5/1/2011) (Page: 10)

0.00 0.00 41,284.29 0.00 0.00 0.00 0.00 71.1 14,896.37 17,622.48 8,501.98 91.88 171.58 122.03 0.0 6,046.72 10,594.49 12,533.34 65.35 0.00 29,361.93

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 10 of 11
NONE

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

subordinated by the Court totaling $ 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 percent.

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

subordinated by the Court are as follows:

NONE

UST Form 101-7-TFR (5/1/2011) (Page: 11)

0.0 0.00

Case 16-26482 Doc 33 Filed 06/15/17 Entered 06/15/17 18:34:31 Desc Main

 Document Page 11 of 11