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: §

§

GARY D GIESE § Case No. 16-27301

NANCY L GIESE §

§

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)

17,145.63 20,000.00 NORTHERN 185,916.19 0.00 

101-7-TDR /2009 2

ILLINOIS 20,000.00 EASTERN 2,854.37 12,975.00 36,362.04 

ems Inc. /2010 A

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 1 of 13
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)

7

NA 0.00 NA NA 8

37,662.73 37,662.73 0.00 0.00 40,517.10 0.00 NA 2,854.37 49,855.36 NA NA 40,517.10 20,000.00 2,854.37 2,854.37 0.00 17,145.63 0.00 05/01/2017 201,960.46 152,105.10 08/25/2016

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 2 of 13
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

NA

TOTAL FUNDS PAID TO DEBTOR &

THIRD PARTIES

$

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form 6D)

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

Earthmovers Credit Union,

2195 Baseline Rd Oswego, IL

60543

Earthmovers Credit Union,

2195 Baseline Rd Oswego, IL

60543

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

0.00 0.00 NA NANA 1110-000 20,000.00 20,000.00 NA NA

1730 DEER RUN DRIVE

MONTGOMERY IL 60538-0000 KENDALL 5,121.32 2,835.40 NANA

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 3 of 13
EXHIBIT 4 – CHAPTER 7 ADMINISTRATIVE FEES and CHARGES

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form 6D)

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

Earthmovers Credit Union,

2195 Baseline Rd Oswego, IL

60543

Earthmovers Credit Union,

2195 Baseline Rd Oswego, IL

60543

Ford Motor Credit, PO Box

790093 St Louis, MO 63179-

0093

Wells Fargo Home Mtg,

Written Correspondence

Resolutions Mac#X2302-04e

Po Box 10335 Des Moines, IA

50306

TOTAL SECURED CLAIMS $ $ $ $ 

PAYEE

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

Peter N. Metrou

Peter N. Metrou

Associated Bank

TOTAL CHAPTER 7 ADMIN. FEES

AND CHARGES

$ $ $ $ 

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

0.00 0.00 25.89 78.48 2,750.00 0.00 0.00 NANANANA 152,105.10 2,854.37 2,854.37 NANANA 2,854.37 0.00 2200-000 2100-000 2600-000 78.48 2,750.00 25.89 126,982.44 13,243.79 1,034.76 2,887.39 25.89 78.480.00 NA 2,750.00 0.00 NANANANA

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 4 of 13
EXHIBIT 5 – PRIOR CHAPTER ADMINISTRATIVE FEES and CHARGES

EXHIBIT 6 – PRIORITY UNSECURED CLAIMS

EXHIBIT 7 – GENERAL UNSECURED CLAIMS

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

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

Bank of America, 100 North

Tryon Street Headquarters

Charlotte, NC 28255

Chase, Corporate

Headquarters 270 Park

Avenue New York, NY 10017

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

NA 4,459.00 0.00 2,120.00 0.00 NA NA NANANA 0.00 NA NA NA NA NA NA 0.00 NANA 0.00 NA 0.00 0.00 NA

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 5 of 13
CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6F)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

Chase, Corporate

Headquarters 270 Park

Avenue New York, NY 10017

Dreyer Medical Clinic, P.O.

Box 105173 Atlanta, GA

30348

DuPage Eye Anesthesiology,

2015 North Main St Wheaton,

IL 60187

Edward Hospital, PO Box

4207 Carol Stream, IL 60197-

4207

Edward Hospital, PO Box

4207 Carol Stream, IL 60197-

4207

Edward Hospital, PO Box

4207 Carol Stream, IL 60197-

4207

GI Pathology, PO Box 1000

Dept 461 Memphis, TN

38148-0001

Midwest Endoscopy Center,

PO Box 10359 Uniondale, NY

11555-0359

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

40.00 739.71 1,874.00 61.20 589.69 71.46 965.35 NANANANANANANANA NA 0.00 NANANANANANANA 0.00 0.00 0.00 0.00 0.00 0.00 0.00 235.30

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 6 of 13
CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6F)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

Mobile Anesthesiologists, PO

Box 5633 Carol Stream, IL

60197

Rush Copley Medical Center,

2000 Ogden Ave Aurora, IL

60504

Rush Copley Medical Center,

2000 Ogden Ave Aurora, IL

60504

Suburban Gastroenterology,

39273 Treasury Center

Chicago, IL 60694-9200

3

CAPITAL ONE BANK

(USA), N.A.

4 CAPITAL ONE NA

1 DISCOVER BANK

10 JOHN F MAZEIKA DDS

2

NAVIENT SOLUTIONS

INC.

8

PORTFOLIO RECOVERY

ASSOCIATES, LLC

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

7100-000 7100-000 7100-000 7100-000 7100-000 7100-000 4,148.18 NANANA 13,519.16 1,345.00 1,164.98 NA 5,796.36 1,332.22 0.00 0.00 0.00 0.00 530.35 606.48 2,638.74 612.30 6,154.48 1,888.42 NANANANA 13,519.16 1,345.00 5,796.36 1,332.22 1,164.98 4,148.18 430.00 211.42 193.80 1,303.06 5,796.96 1,530.00 1,132.00 1,289.00 13,505.00 3,888.00

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 7 of 13
CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6F)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

9

PORTFOLIO RECOVERY

ASSOCIATES, LLC

5

PYOD, LLC ITS

SUCCESSORS AND

ASSIGNS AS ASSIGNEE

6

PYOD, LLC ITS

SUCCESSORS AND

ASSIGNS AS ASSIGNEE

7

WELLS FARGO BANK,

N.A.

TOTAL GENERAL UNSECURED

CLAIMS

$ $ $ $ 

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

7100-000 7100-000 7100-000 7100-000 17,145.63 3,713.34 4,771.12 591.96 1,280.41 49,855.36 37,662.73 2,172.01 1,690.47 582.90 269.48 37,662.73 361.00 4,507.00 3,272.00 591.96 4,771.12 3,713.34 1,280.41 1,280.41

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 8 of 13
Exhibit 8

FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Case No: 16-27301 BWB Judge: Bruce W. Black Trustee Name: Peter N. Metrou, Trustee

Case Name: GARY D GIESE Date Filed (f) or Converted (c): 08/25/2016 (f)

NANCY L GIESE 341(a) Meeting Date: 09/19/2016

For Period Ending: 05/02/2017 Claims Bar Date: 01/17/2017

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. 1730 DEER RUN DRIVE

MONTGOMERY IL 60538-0000 KENDALL

185,000.00 185,000.00 20,000.00 FA

2. 2000 FORD FOCUS MILEAGE: 89500 1,462.00 0.00 0.00 FA

3. 2014 FORD FUSION MILEAGE: 11500 12,975.00 0.00 0.00 FA

4. FURNISHINGS AND APPLIANCES 500.00 0.00 0.00 FA

5. ELECTRONICS 200.00 0.00 0.00 FA

6. COLLECTIBLES 350.00 0.00 0.00 FA

7. CLOTHES 300.00 0.00 0.00 FA

8. EARTHMOVER CREDIT UNION 0.00 0.00 0.00 FA

9. EARTHMOVER CREDIT UNION 0.04 0.00 0.00 FA

10. EARTHMOVER CREDIT UNION 25.00 0.00 0.00 FA

11. EARTHMOVER CREDIT UNION 25.00 0.00 0.00 FA

12. OLD SECOND BANK 3,500.00 0.00 0.00 FA

13. PENTEGRA 0.00 0.00 0.00 FA

14. INSURANCE: NORTHWESTERN MUTUAL 0.00 0.00 0.00 FA

Gross Value of Remaining Assets

TOTALS (Excluding Unknown Values) $204,337.04 $185,000.00 $20,000.00 $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:

Possible liquidation of equity in residence 10/14/2016-asset notice. Motion to approve settlement with Debtors for equity in residence-approved dckt# 27. Claims review in 

progress 1-24-2017.

Page: 1

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

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 9 of 13
Exhibit 8

RE PROP # 1 -- Settlement of equity discovered by trustee.

Initial Projected Date of Final Report (TFR): 10/01/2017 Current Projected Date of Final Report (TFR): 02/23/2017

Page: 2

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

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 10 of 13
Exhibit 9

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-27301 Trustee Name: Peter N. Metrou, Trustee

Case Name: GARY D GIESE Bank Name: Associated Bank

NANCY L GIESE Account Number/CD#: XXXXXX5785

Checking

Taxpayer ID No: XX-XXX4321 Blanket Bond (per case limit): $1,000,000.00

For Period Ending: 05/02/2017 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 

($)

12/05/16 1 Gary D. Giese

Debtor's address

Settlement on Real Estate 

Equity 

Court approved settlement on 

equity in Residence see dckt# 

27

1110-000 $20,000.00 $20,000.00

01/09/17 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $25.89 $19,974.11

04/07/17 101 Peter N. Metrou

123 W. Washington St., Ste 216

Oswego, IL 60543

Distribution $2,828.48 $17,145.63

Peter N. Metrou Final distribution representing a 

payment of 100.00 % per court 

order.

($2,750.00) 2100-000

Peter N. Metrou Final distribution representing a 

payment of 100.00 % per court 

order.

($78.48) 2200-000

04/07/17 102 DISCOVER BANK

Discover Products Inc

PO Box 3025

New Albany, OH 43054-3025

Final distribution to claim 1 

representing a payment of 

45.52 % per court order.

7100-000 $2,638.74 $14,506.89

04/07/17 103 NAVIENT SOLUTIONS INC.

220 LASLEY AVE

WILKES-BARRE, PA 18706

Final distribution to claim 2 

representing a payment of 

45.52 % per court order.

7100-000 $6,154.48 $8,352.41

04/07/17 104 CAPITAL ONE BANK (USA), N.A.

PO Box 71083

Charlotte, NC 28272-1083

Final distribution to claim 3 

representing a payment of 

45.52 % per court order.

7100-000 $530.35 $7,822.06

04/07/17 105 CAPITAL ONE NA

C/O BECKET AND LEE LLP

PO BOX 3001

MALVERN PA 19355-0701

Final distribution to claim 4 

representing a payment of 

45.52 % per court order.

7100-000 $606.48 $7,215.58

04/07/17 106 PYOD, LLC ITS SUCCESSORS AND 

ASSIGNS AS ASSIGNEE

OF CITIBANK, N.A.

RESURGENT CAPITAL SERVICES

PO BOX 19008

GREENVILLE, SC 29602

Final distribution to claim 5 

representing a payment of 

45.52 % per court order.

7100-000 $269.48 $6,946.10

Page Subtotals: $20,000.00 $13,053.90

Page: 1

UST Form 101-7-TDR (10/1/2010) (Page: 11)

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 11 of 13
Exhibit 9

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-27301 Trustee Name: Peter N. Metrou, Trustee

Case Name: GARY D GIESE Bank Name: Associated Bank

NANCY L GIESE Account Number/CD#: XXXXXX5785

Checking

Taxpayer ID No: XX-XXX4321 Blanket Bond (per case limit): $1,000,000.00

For Period Ending: 05/02/2017 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 

($)

04/07/17 107 PYOD, LLC ITS SUCCESSORS AND 

ASSIGNS AS ASSIGNEE

OF CITIBANK, N.A.

RESURGENT CAPITAL SERVICES

PO BOX 19008

GREENVILLE, SC 29602

Final distribution to claim 6 

representing a payment of 

45.52 % per court order.

7100-000 $2,172.01 $4,774.09

04/07/17 108 WELLS FARGO BANK, N.A.

WELLS FARGO CARD SERVICES

PO BOX 10438, MAC F8235-02F

DES MOINES, IA 50306-0438

Final distribution to claim 7 

representing a payment of 

45.52 % per court order.

7100-000 $1,690.47 $3,083.62

04/07/17 109 PORTFOLIO RECOVERY ASSOCIATES, 

LLC

SUCCESSOR TO SYNCHRONY BANK

(WALMART MASTER CARD)

POB 41067

NORFOLK, VA 23541

Final distribution to claim 8 

representing a payment of 

45.52 % per court order.

7100-000 $1,888.42 $1,195.20

04/07/17 110 PORTFOLIO RECOVERY ASSOCIATES, 

LLC

SUCCESSOR TO SYNCHRONY BANK

(CAR CARE ONE)

POB 41067

NORFOLK, VA 23541

Final distribution to claim 9 

representing a payment of 

45.52 % per court order.

7100-000 $582.90 $612.30

04/07/17 111 JOHN F MAZEIKA DDS

8 EAST MERCHANTS DRIVE

OSWEGO, IL 60543

Final distribution to claim 10 

representing a payment of 

45.52 % per court order.

7100-000 $612.30 $0.00

COLUMN TOTALS $20,000.00 $20,000.00

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

Subtotal $20,000.00 $20,000.00

Less: Payments to Debtors $0.00 $0.00

Net $20,000.00 $20,000.00

Page Subtotals: $0.00 $6,946.10

Page: 2

UST Form 101-7-TDR (10/1/2010) (Page: 12)

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 12 of 13
Exhibit 9

TOTAL OF ALL ACCOUNTS

NET ACCOUNT

NET DEPOSITS DISBURSEMENTS BALANCE

XXXXXX5785 - Checking $20,000.00 $20,000.00 $0.00

$20,000.00 $20,000.00 $0.00

(Excludes account

transfers)

(Excludes payments

to debtors)

Total Funds on Hand

Total Allocation Receipts: $0.00

Total Net Deposits: $20,000.00

Total Gross Receipts: $20,000.00

Page Subtotals: $0.00 $0.00

Page: 3

UST Form 101-7-TDR (10/1/2010) (Page: 13)

Case 16-27301 Doc 36 Filed 05/16/17 Entered 05/16/17 14:26:06 Desc Main

 Document Page 13 of 13