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

UNITED STATES BANKRUPTCY COURT

In re: § Case No.

§

§

§

MATOBA, TIMOTHY K.

MATOBA, KIMBERLY S.

16-27750

NORTHERN DISTRICT OF ILLINOIS

Debtor(s)

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 August 30, 2016. The undersigned trustee was appointed on August 30, 2016.

EASTERN DIVISION

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

disposition of all property of the estate is attached as Exhibit A.

. An individual estate property record and report showing the

$

$

The remaining funds are available for distribution.

Leaving a balance on hand of

Other payments to the debtor

Non-estate funds paid to 3rd Parties

4. The trustee realized the gross receipts of

Funds were disbursed in the following amounts:

Administrative expenses

Other payments to creditors

16,000.00

3,282.83

0.00

0.00

0.00

8,210.04 1

Payments made under an

interim distribution

Exemptions paid to the debtor

0.00

4,359.00

Bank service fees 148.13

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

account.

UST Form 101-7-TFR (05/1/2011)

1The 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.

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 1 of 10
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

7. The Trustee's proposed distribution is attached as

Exhibit C

Exhibit D

6. The deadline for filing non-governmental claims in this case was 01/06/2017

.

.

and the deadline for filing governmental claims was 02/27/2017. All claims of each class

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

compensation may increase.

received reimbursement for reasonable and necessary expenses in the amount of

$1,914.10. To the extent that additional interest is earned before case closing, the maximum

The trustee has received $0.00 as interim compensation and now requests the

sum of $1,914.10, for a total compensation of $1,914.10. In addition, the trustee

and now requests reimbursement for expenses of $6.08, for total expenses of

$6.08.

$0.00

2

2

/s/THOMAS E. SPRINGER, TRUSTEE

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

foregoing report is true and correct.

Date: By:

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.

11/28/2017

Trustee

UST Form 101-7-TFR (05/1/2011)

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 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 2 of 10
Filed (f) or Converted (c):

Claims Bar Date:

Form 1

Individual Estate Property Record and Report

Asset Cases

Period Ending: 11/28/17

Trustee: THOMAS E. SPRINGER, TRUSTEE

Asset Description

(Scheduled And Unscheduled (u) Property)

Petition/

Unscheduled

Values

Estimated Net Value

(Value Determined By Trustee,

Less Liens, Exemptions,

and Other Costs)

Property

Abandoned

OA=§554(a)

Sale/Funds

Received by

the Estate

Asset Fully

Administered (FA)/

Gross Value of

Remaining Assets

1 2 3 4 5 6

Case Number:

Page: 1

16-27750

01/06/17

Ref. #

Case Name: MATOBA, TIMOTHY K. 

MATOBA, KIMBERLY S. §341(a) Meeting Date: 09/26/16

08/30/16 (f)

(330640)

Exhibit A

1300 Burke Lane, South Elgin, IL 60177-0000,

Kane County

Single-family home

Entire property value: $190,000.00

1 190,000.00 0.00 0.00 FA

2 2005 Chevy Trailblazer, 150,000 miles. 3,000.00 0.00 0.00 FA

3 2004 Hyundai Santa Fe, 125,000 miles. 1,927.00 0.00 0.00 FA

2013 Jayco Jayflight trailer, Purchased in 2013

for $30,000. 33' long model. Currently stored at

Blackhawk Camping Resort, 3407 E Blackhawk Dr,

Milton, Wl 53563..

4 18,500.00 10,000.00 16,000.00 FA

5 Household goods & furniture 250.00 0.00 0.00 FA

6 Cell Phone (3) 200.00 0.00 0.00 FA

7 TV Set 150.00 0.00 0.00 FA

8 Clothing for 2 adults, 1 teenage son 300.00 0.00 0.00 FA

9 2 dogs 0.00 0.00 0.00 FA

10 Checking: Elgin State Bank 1,541.00 0.00 0.00 FA

11 Savings: Elgin State Bank 200.00 0.00 0.00 FA

Checking: First Community Bank (Elgin, IL).

Bank account of Line Construction Supply Company.

12 700.00 0.00 0.00 FA

Line Construction Supply Company (tool

distributor), 100% ownership

13 0.00 0.00 0.00 FA

14 529 Plan (Son) - BlackRock College Advantage 529 14,238.65 0.00 0.00 FA

Line Construction Supply Company accounts

receivable

15 320.00 0.00 0.00 FA

Line Construction Supply Company inventory:

compresson dies/tools for sale. Inventory is

highly-specialized and has remained unsold for an

extended period of time.

16 8,000.00 0.00 0.00 FA

16 Assets Totals (Excluding unknown values) $239,326.65 $10,000.00 $16,000.00 $0.00

Printed: 11/28/2017 12:43 PM V.13.30

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 3 of 10
Filed (f) or Converted (c):

Claims Bar Date:

Form 1

Individual Estate Property Record and Report

Asset Cases

Period Ending: 11/28/17

Trustee: THOMAS E. SPRINGER, TRUSTEE

Asset Description

(Scheduled And Unscheduled (u) Property)

Petition/

Unscheduled

Values

Estimated Net Value

(Value Determined By Trustee,

Less Liens, Exemptions,

and Other Costs)

Property

Abandoned

OA=§554(a)

Sale/Funds

Received by

the Estate

Asset Fully

Administered (FA)/

Gross Value of

Remaining Assets

1 2 3 4 5 6

Case Number:

Page: 2

16-27750

01/06/17

Ref. #

Case Name: MATOBA, TIMOTHY K. 

MATOBA, KIMBERLY S. §341(a) Meeting Date: 09/26/16

08/30/16 (f)

(330640)

Exhibit A

Major Activities Affecting Case Closing:

Trustee has employed Rob Nord and Martin Auction as auctioneers to sell the 2013 Jayco Trailer

Initial Projected Date Of Final Report (TFR): October 15, 2017 Current Projected Date Of Final Report (TFR): October 15, 2017

Printed: 11/28/2017 12:43 PM V.13.30

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 4 of 10
Blanket Bond:

Separate Bond:

Description of Transaction

Form 2

Cash Receipts And Disbursements Record

11/28/17

Taxpayer ID #: **-***2508

Case Number:

Bank Name:

$5,000,000.00 (per case limit)

 623066 - Checking Account

Rabobank, N.A.

Trans.

Date

{Ref #} /

Check # Paid To / Received From

Receipts

$

Disbursements

$ Account Balance

Checking

Trustee: THOMAS E. SPRINGER, TRUSTEE (330640)

Page: 1

16-27750

Case Name: MATOBA, TIMOTHY K.

MATOBA, KIMBERLY S.

N/A

1 2 3 4 5 6 7

Account:

Period Ending:

T-Code

Exhibit B

03/09/17 {4} Martin Auction Services LLC Liquidation of Personal Property 1129-000 16,000.00 16,000.00

Auctioneer commission pursuant to Order

entered 3/24/17

03/31/17 101 Martin Auction 3610-000 800.00 15,200.00

Auction expenses pursuant to Order entered

3/24/17

03/31/17 102 Martin Auction 3620-000 2,482.83 12,717.17

03/31/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 16.87 12,700.30

04/28/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 18.62 12,681.68

05/31/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 20.06 12,661.62

06/30/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 18.21 12,643.41

07/31/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 17.57 12,625.84

08/31/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 19.97 12,605.87

09/29/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 17.52 12,588.35

10/31/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 19.31 12,569.04

11/07/17 101 Timothy and Kimberly Matoba Debtors' claimed exemption in trailer 8100-002 4,359.00 8,210.04

ACCOUNT TOTALS 16,000.00 7,789.96 $8,210.04

Less: Bank Transfers 0.00 0.00

Subtotal 16,000.00 7,789.96

Less: Payments to Debtors 4,359.00

NET Receipts / Disbursements $16,000.00 $3,430.96

16,000.00 3,430.96 8,210.04

Net

Receipts

Net

Disbursements

Account

Balances

Checking # ** **623066

TOTAL - ALL ACCOUNTS

$16,000.00 $3,430.96 $8,210.04

{} Asset reference(s) Printed: 11/28/2017 12:43 PM V.13.30

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 5 of 10
Creditor Name & Address Claim Type

16-27750

E X H I B I T C

Case Number:

Claim # Amount Allowed Paid to Date Claim Balance

Page: 1 November 28, 2017

Debtor Name: MATOBA, TIMOTHY K.

Date:

Time: 12:43:51 PM

Claims Bar Date: January 6, 2017

Claim Ref. No. / Notes

ANALYSIS OF CLAIMS REGISTER

$1,914.10

200

THOMAS E. SPRINGER, TRUSTEE Admin Ch. 7

Wheaton, IL 60187

300 S. County Farm Rd., Ste.I

$0.00 1,914.10

$6.08

200

THOMAS E. SPRINGER, TRUSTEE Admin Ch. 7

Wheaton, IL 60187

300 S. County Farm Rd., Ste.I

$0.00 6.08

ATTYEXP $34.43

200

SPRINGER BROWN, LLC Admin Ch. 7

Wheaton, IL 60187

300 S. County Farm Road

Suite I

$0.00 34.43

ATTYFEE $2,227.00

S

200

SPRINGER BROWN, LLC Admin Ch. 7

Wheaton, IL 60187

300 S. County Farm Road

Suite I

$0.00 2,227.00

1P $8,768.16

570

Internal Revenue Service Priority

Amended claim

Chicago, IL 60604

230 S. Dearborn St.,

Mail Stop 5010 CHI

$0.00 8,768.16

1U $397.57

610

Internal Revenue Service Unsecured

Amended claim

Chicago, IL 60604

230 S. Dearborn St.,

Mail Stop 5010 CHI

$0.00 397.57

2 $13,627.29

610

American InfoSource LP as agent for Unsecured

Oklahoma City, OK 73124-8866

TD Bank, USA

PO Box 248866

$0.00 13,627.29

3 $10,498.38

610

MIDLAND FUNDING LLC Unsecured

WARREN, MI 48090

PO BOX 2011

$0.00 10,498.38

4 $794.77

610

Capital One NA Unsecured

Malvern, PA 19355-0701

c/o Becket and Lee LLP

PO Box 3001

$0.00 794.77

5 $136.62

610

Capital One NA Unsecured

Malvern, PA 19355-0701

c/o Becket and Lee LLP

PO Box 3001

$0.00 136.62

6 $18,083.56

610

Bureaus Investment Group Portfolio No 15

LLC

Unsecured

Norfolk, VA 23541

c/o PRA Receivables Management, LLC

PO Box 41021

$0.00 18,083.56

7 $1,052.60

610

Presence Health Unsecured

Oklahoma City, OK 73124-8838

by American InfoSource LP as agent

PO Box 248838

$0.00 1,052.60

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 6 of 10
Creditor Name & Address Claim Type

16-27750

E X H I B I T C

Case Number:

Claim # Amount Allowed Paid to Date Claim Balance

Page: 2 November 28, 2017

Debtor Name: MATOBA, TIMOTHY K.

Date:

Time: 12:43:51 PM

Claims Bar Date: January 6, 2017

Claim Ref. No. / Notes

ANALYSIS OF CLAIMS REGISTER

8 $16,166.70

610

PYOD, LLC its successors and assigns as

assignee

Unsecured

Greenville, SC 29602

of Citibank, N.A.

Resurgent Capital Services,PO Box 19008

$0.00 16,166.70

9 $18,927.04

610

PYOD, LLC its successors and assigns as

assignee

Unsecured

Greenville, SC 29602

of Citibank, N.A.

Resurgent Capital Services,PO Box 19008

$0.00 18,927.04

10 $748.41

610

PYOD, LLC its successors and assigns as

assignee

Unsecured

Greenville, SC 29602

of Citibank, N.A.

Resurgent Capital Services,PO Box 19008

$0.00 748.41

<< Totals >> 93,382.71 0.00 93,382.71

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 7 of 10
Case No.:

Case Name:

Trustee Name:

Exhibit D

16-27750

MATOBA, TIMOTHY K.

THOMAS E. SPRINGER, TRUSTEE

TRUSTEE'S PROPOSED DISTRIBUTION

Claims of secured creditors will be paid as follows:

Claimant Proposed

Payment

Balance on hand: $ 8,210.04

Claim

No.

Interim Payments

to Date

Allowed Amount

of Claim

Claim

Asserted

None

Remaining balance: $ 8,210.04

Total to be paid to secured creditors: $ 0.00

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

Reason/Applicant Interim Payments

to Date

Proposed

Payment

Total Requested

Trustee, Fees - THOMAS E. SPRINGER, TRUSTEE 1,914.10 0.00 1,914.10

Trustee, Expenses - THOMAS E. SPRINGER, TRUSTEE 6.08 0.00 6.08

Attorney for Trustee, Fees - SPRINGER BROWN, LLC 2,227.00 0.00 2,227.00

Attorney for Trustee, Expenses - SPRINGER BROWN, 34.43

LLC

0.00 34.43

Remaining balance: $ 4,028.43

Total to be paid for chapter 7 administration expenses: $ 4,181.61

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

Reason/Applicant Interim Payments

to Date

Proposed

Payment

Total Requested

None

Remaining balance: $ 4,028.43

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

UST Form 101-7-TFR (05/1/2011)

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 8 of 10
In addition to the expenses of administration listed above as may be allowed by the

Allowed priority claims are:

general (unsecured) creditors.

Court, priority claims totaling $8,768.16 must be paid in advance of any dividend to

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

Interim Payments

to Date

1P Internal Revenue Service 8,768.16 0.00 4,028.43

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).

Remaining balance: $ 0.00

Total to be paid for priority claims: $ 4,028.43

Timely allowed general (unsecured) claims are as follows:

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

only after all allowed administrative and priority claims have been paid in full.

Timely claims of general (unsecured) creditors totaling $ 80,432.94 have been allowed and

The timely allowed general (unsecured) dividend is anticipated to be 0.0 percent,

will be paid pro rata

Interim Payments

to Date

plus interest (if applicable).

1U Internal Revenue Service 397.57 0.00 0.00

2 American InfoSource LP as agent for 13,627.29 0.00 0.00

3 MIDLAND FUNDING LLC 10,498.38 0.00 0.00

4 Capital One NA 794.77 0.00 0.00

5 Capital One NA 136.62 0.00 0.00

Bureaus Investment Group Portfolio No 15

LLC

6 18,083.56 0.00 0.00

7 Presence Health 1,052.60 0.00 0.00

PYOD, LLC its successors and assigns as

assignee

8 16,166.70 0.00 0.00

PYOD, LLC its successors and assigns as

assignee

9 18,927.04 0.00 0.00

PYOD, LLC its successors and assigns as

assignee

10 748.41 0.00 0.00

Remaining balance: $ 0.00

Total to be paid for timely general unsecured claims: $ 0.00

UST Form 101-7-TFR (05/1/2011)

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 9 of 10
Tardily filed general (unsecured) claims are as follows:

allowed and will be paid pro rata only after all allowed administrative, priority and timely filed

Tardily filed claims of general (unsecured) creditors totaling $ 0.00 have been

to be 0.0 percent, plus interest (if applicable).

general (unsecured) claims have been paid in full. The tardily filed claim dividend is anticipated

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

Interim Payments

to Date

None

Remaining balance: $ 0.00

Total to be paid for tardy general unsecured claims: $ 0.00

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

ordered subordinated by the Court are as follows:

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

ordered subordinated by the Court totaling $ 0.00 have been allowed and will be paid

in full. The dividend for subordinated unsecured claims is anticipated to be 0.0 percent,

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

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

Interim Payments

to Date

plus interest (if applicable).

None

Remaining balance: $ 0.00

Total to be paid for subordinated claims: $ 0.00

UST Form 101-7-TFR (05/1/2011)

Case 16-27750 Doc 30 Filed 11/30/17 Entered 11/30/17 08:32:14 Desc Main

 Document Page 10 of 10