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: §

§

SUN TRANSACTIONS ADVISORS, LLC § Case No. 16-24297

§

Debtor §

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$

The remaining funds are available for distribution.

____________________

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 1,423.94 346,023.42 229,160.94 3 NORTHERN /2011 

ILLINOIS 0.00 0.00 0.00 

A 7

07/28/2016 115,438.54 0.00 

ems Inc. 07/28/2016 EASTERN

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

 Document Page 1 of 18
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.

Date: By:/s/Frances Gecker, Trustee

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)

20,551.17 0.00 0.00 11/16/2017 0.00 20,551.17 12/19/2016 01/24/2017 0.00 20,551.17

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

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Exhibit A

FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Case No: 16-24297 CAD Judge: Carol A. Doyle Trustee Name: Frances Gecker, Trustee

Case Name: SUN TRANSACTIONS ADVISORS, LLC Date Filed (f) or Converted (c): 07/28/2016 (f)

341(a) Meeting Date: 08/26/2016

For Period Ending: 11/16/2017 Claims Bar Date: 12/19/2016

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. JP MORGAN CHASE - CHECKING ACCOUNT 12,000.00 12,000.00 40,908.98 FA

2. JP MORGAN CHASE - CHECKING 797.00 797.00 764.44 FA

3. SECURITY DEPOSIT FOR OFFICE SPACE 4,008.91 4,008.91 0.00 FA

4. DESK, CHAIRS, CONFERENCE TABLE Unknown 0.00 OA 0.00 FA

5. COMPUTERS, SCANNER, PRINTER Unknown 0.00 0.00 FA

6. COLLECTIBLES - 4 PRINT ARTWORK HANGINGS Unknown 0.00 0.00 FA

7. PATENTS, COPYRIGHTS - INTERNET DOMAIN 

NAMES/WEBSITES

Unknown 0.00 0.00 FA

8. FRANCHISE TERRITORY Unknown 0.00 0.00 FA

9. CUSTOMER LISTS, MARKETING Unknown 0.00 0.00 FA

10. NOTES RECEIVABLE - SPECIALTY PLASTICS 9,000.00 9,000.00 0.00 FA

11. NOTES RECEIVABLE - STARR ON-SITE 24,000.00 24,000.00 0.00 FA

12. NOTES RECEIVABLE - COLUMBIA TOOL & GAGE 12,500.00 12,500.00 0.00 FA

13. NOTES RECEIVABLE - US MEDICAL SUPPLIES 27,295.00 27,295.00 0.00 FA

14. NOTES RECEIVABLE - FAWCETT'S PHARMACY 40,000.00 40,000.00 0.00 FA

15. NOTES RECEIVABLE - PHARMACARE Unknown 0.00 0.00 FA

16. CONTRACTS AND UNEXPIRED LEASES

Unexpired Leases and Contracts listed on Schedule G (page 

20). Pursuant to Order dated 9/15/16 - Dkt. #26 - Trustee is 

authorized to assume Listing Agreements.

0.00 0.00 304,350.00 FA

17. Goodwill Unknown Unknown 0.00 FA

Gross Value of Remaining Assets

TOTALS (Excluding Unknown Values) $129,600.91 $129,600.91 $346,023.42 $0.00

(Total Dollar Amount in Column 6)

Page: 1

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

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Exhibit A

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

8/2/17 - FINAL TAX RETURNS WERE FILED AND THE TRUSTEE IS PREPARING A TFR.

Initial Projected Date of Final Report (TFR): 06/01/2017 Current Projected Date of Final Report (TFR): 11/01/2017

Page: 2

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

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 Document Page 4 of 18
Exhibit B

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-24297 Trustee Name: Frances Gecker, Trustee

Case Name: SUN TRANSACTIONS ADVISORS, LLC Bank Name: Associated Bank

Account Number/CD#: XXXXXX2101

Checking

Taxpayer ID No: XX-XXX8871 Blanket Bond (per case limit): $5,000,000.00

For Period Ending: 11/16/2017 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 

($)

08/31/16 1 SUN TRANSACTIONS ADVISORS, LLC

150 N. MARTINGALE ROAD

SUITE 825

SCHAUMBURG, IL 60173

DEBTOR'S BANK ACCOUNT 1129-000 $40,908.98 $40,908.98

08/31/16 2 SUN TRANSACTIONS ADVISORS, LLC

150 N. MARTINGALE ROAD

SUITE 825

SCHAUMBURG, IL 60173

DEBTOR'S BANK ACCOUNT 1129-000 $764.44 $41,673.42

09/08/16 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 $41,663.42

09/15/16 5001 BETTER LIFE TRADING COMPANY, 

INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $6,516.13 $35,147.29

09/22/16 5002 SUMMIT MARKETING CO., INC.

1644 PEBBLE BEACH DRIVE

HOFFMAN ESTATES, IL 60169

Fred Atwood Commission 

Statement 

FEIN 20-3068081

2690-000 $17,850.00 $17,297.29

09/30/16 5003 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $15,297.29

10/07/16 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $52.76 $15,244.53

10/17/16 16 JEFF DETERDING

1506 S. MAIN STREET

RED BUD, IL 62278

SALES COMMISSION OF 

LICENSE SALE - DETERDING 

DRUGS

1121-000 $70,000.00 $85,244.53

10/18/16 5004 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $83,244.53

10/18/16 5005 SUMMIT MARKETING CO., INC.

Attn: Fred Atwood

1644 Pebble Beach Dr.

Hoffman Estates, IL 60169

Deterding Drug - Sale 

Commission

2690-000 $18,900.00 $64,344.53

Page Subtotals: $111,673.42 $47,328.89

Page: 1

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

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Exhibit B

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-24297 Trustee Name: Frances Gecker, Trustee

Case Name: SUN TRANSACTIONS ADVISORS, LLC Bank Name: Associated Bank

Account Number/CD#: XXXXXX2101

Checking

Taxpayer ID No: XX-XXX8871 Blanket Bond (per case limit): $5,000,000.00

For Period Ending: 11/16/2017 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 

($)

10/18/16 5006 SOURCEWORKS, INC.

Attention: James McNeela

2501 Ardmore Ave.

Inverness, IL 60067

Deterding Drug - Sale 

Commission

2690-000 $15,750.00 $48,594.53

10/18/16 5007 T. DONNELLY, INC.

c/o Dan Donnelly

10910 S. Natchez

Worth, IL 60482

Deterding Drug - Sale 

Commission

2690-000 $7,000.00 $41,594.53

10/18/16 5008 BETTER LIFE TRADING COMPANY, 

INC.

Attn: Joy Williams

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Deterding Drug - Sale 

Commission

2690-000 $1,417.50 $40,177.03

10/20/16 16 RITA A FARRELL

7420 S COUNTY LINE RD

BURR RIDGE, IL 60527-7947

SALES COMMISSION OF 

STOCK SALE - HURST 

ENTERPRISES INC.

1121-000 $21,000.00 $61,177.03

10/26/16 5009 BOB ENGEL, INC.

Robert Engel

17437 Harvest Hill Dr.

Orland Park, IL 60467

BROKER'S COMMISSION 

FOR HURST ENTERPRISES 

SALE

2690-000 $11,550.00 $49,627.03

10/26/16 5010 BETTER LIFE TRADING COMPANY, 

INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

BROKER'S COMMISION FOR 

HURST ENTERPRISES SALE

2690-000 $472.50 $49,154.53

11/01/16 16 GODDARD SCHOOLS OLATHE & 

OVERLAND PARK

SALES COMMISSION OF 

LICENSE SALE - GODDARD 

SCHOOLS

1121-000 $66,250.00 $115,404.53

11/02/16 5011 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $113,404.53

11/02/16 5012 R. HANSON CORPORATION

Attn: Bob Hanson

321 ISLAND VIEW LANE

LAKE BARRINGTON, IL 60010

Goddard Schools Olathe & 

Overland Park - Broker 

Commission for Sale of Stock

2690-000 $36,437.50 $76,967.03

Page Subtotals: $87,250.00 $74,627.50

Page: 2

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

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

 Document Page 6 of 18
Exhibit B

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-24297 Trustee Name: Frances Gecker, Trustee

Case Name: SUN TRANSACTIONS ADVISORS, LLC Bank Name: Associated Bank

Account Number/CD#: XXXXXX2101

Checking

Taxpayer ID No: XX-XXX8871 Blanket Bond (per case limit): $5,000,000.00

For Period Ending: 11/16/2017 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 

($)

11/02/16 5013 BETTER LIFE TRADING COMPANY, 

INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Goddard Schools Olathe & 

Overland Park - Broker 

Commission for Sale of Stock

2690-000 $1,490.62 $75,476.41

11/04/16 16 ELKHART PHARMACY

Wire Transfer In

SALES COMMISSION OF 

LICENSE SALE - ELKHART 

PHARMACY

1121-000 $2,500.00 $77,976.41

11/07/16 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $68.36 $77,908.05

11/09/16 5014 BETTER LIFE TRADING COMPANY, 

INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

SALE COMMISSION FROM 

ELKHART PHARMACY

2690-000 $125.00 $77,783.05

11/18/16 5015 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $75,783.05

12/05/16 5016 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $73,783.05

12/07/16 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $124.44 $73,658.61

12/15/16 5017 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $71,658.61

12/28/16 5018 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $69,658.61

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 $108.84 $69,549.77

Page Subtotals: $2,500.00 $9,917.26

Page: 3

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

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

 Document Page 7 of 18
Exhibit B

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-24297 Trustee Name: Frances Gecker, Trustee

Case Name: SUN TRANSACTIONS ADVISORS, LLC Bank Name: Associated Bank

Account Number/CD#: XXXXXX2101

Checking

Taxpayer ID No: XX-XXX8871 Blanket Bond (per case limit): $5,000,000.00

For Period Ending: 11/16/2017 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 

($)

01/17/17 5019 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $67,549.77

02/01/17 5020 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $65,549.77

02/02/17 5021 INTERNATIONAL SURETIES LTD.

Suite 420

701 Poydras Street

New Orleans, LA 70139

Blanket Bond 2017 2300-000 $28.19 $65,521.58

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 $102.17 $65,419.41

02/16/17 16 GARDI & HAUGHT, LTD

Lawyers Trust Fund of Illinois

939 N. Plum Grove Road, Suite C

Schaumburg, IL 60173

SALES COMMISSION - 

Sarpino's

1121-000 $44,600.00 $110,019.41

02/16/17 5022 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $108,019.41

02/16/17 5023 BETTER LIFE TRADING COMPANY, 

INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Operating Consultant Closing 

Bonus - Order dated 9/15/16

Sarpino's - Sale Commission

Pursuant to Order dated 

9/15/16 [Dkt. #29].

2690-000 $1,003.50 $107,015.91

02/21/17 5024 Ken Kurtz

Mistershop.com

1721 Mission Hills Road, Suite 107

Northbrook, IL 60062

Commission for sale of 

Sarpino's Wrigleville 

Pursuant to Order dated 

9/15/16 - Dkt. No. 29

2690-000 $24,530.00 $82,485.91

02/28/17 5025 BETTER LIFE TRADING CO., INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Order dated 9/15/16 - DKT #27 3731-000 $2,000.00 $80,485.91

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 $112.20 $80,373.71

Page Subtotals: $44,600.00 $33,776.06

Page: 4

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

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

 Document Page 8 of 18
Exhibit B

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-24297 Trustee Name: Frances Gecker, Trustee

Case Name: SUN TRANSACTIONS ADVISORS, LLC Bank Name: Associated Bank

Account Number/CD#: XXXXXX2101

Checking

Taxpayer ID No: XX-XXX8871 Blanket Bond (per case limit): $5,000,000.00

For Period Ending: 11/16/2017 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 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $119.59 $80,254.12

05/05/17 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $115.47 $80,138.65

06/07/17 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $119.13 $80,019.52

07/10/17 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $115.13 $79,904.39

08/07/17 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $118.81 $79,785.58

09/08/17 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $118.62 $79,666.96

09/26/17 16 WIRE IN - SILVER CREEK PHARMACY Sale of Silver Creek Pharmacy 1121-000 $100,000.00 $179,666.96

09/27/17 5026 MLM, LLP

Attention: William Mears

400 Midland Court

Suite 101

Janesville, WI 53546

Silver Creek Pharmacy Sale - 

Commission for Sale of Stock 

Pursuant to Order dated 

9/15/16 [Dkt. #29].

2690-000 $6,000.00 $173,666.96

09/27/17 5027 RW SUN INC.

ATTN: RYAN WULFEKUHL

15346 PAPIO STREET

OMAHA, NE 68138

Silver Creek Pharmacy Sale - 

Commission for Sale of Stock 

Pursuant to Order dated 

9/15/16 [Dkt. #29].

2690-000 $46,200.00 $127,466.96

09/27/17 5028 T. DONNELLY, INC.

c/o Dan Donnelly

10910 S. Natchez

Worth, IL 60482

Silver Creek Pharmacy Sale - 

Commission for Sale of Stock 

Pursuant to Order dated 

9/15/16 [Dkt. #29].

2690-000 $10,000.00 $117,466.96

09/27/17 5029 BETTER LIFE TRADING COMPANY, 

INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Silver Creek Pharmacy Sale - 

Operating Consultant Bonus 

Closing for Sale of Stock 

Pursuant to Order dated 

9/15/16 [Dkt. #29].

3991-000 $1,890.00 $115,576.96

Page Subtotals: $100,000.00 $64,796.75

Page: 5

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

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

 Document Page 9 of 18
Exhibit B

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-24297 Trustee Name: Frances Gecker, Trustee

Case Name: SUN TRANSACTIONS ADVISORS, LLC Bank Name: Associated Bank

Account Number/CD#: XXXXXX2101

Checking

Taxpayer ID No: XX-XXX8871 Blanket Bond (per case limit): $5,000,000.00

For Period Ending: 11/16/2017 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 

($)

10/06/17 Associated Bank Bank Service Fee under 11 

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

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

2600-000 $138.42 $115,438.54

COLUMN TOTALS $346,023.42 $230,584.88

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

Subtotal $346,023.42 $230,584.88

Less: Payments to Debtors $0.00 $0.00

Net $346,023.42 $230,584.88

Page Subtotals: $0.00 $138.42

Page: 6

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

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

 Document Page 10 of 18
Exhibit B

TOTAL OF ALL ACCOUNTS

NET ACCOUNT

NET DEPOSITS DISBURSEMENTS BALANCE

XXXXXX2101 - Checking $346,023.42 $230,584.88 $115,438.54

$346,023.42 $230,584.88 $115,438.54

(Excludes account

transfers)

(Excludes payments

to debtors)

Total Funds on Hand

Total Allocation Receipts: $0.00

Total Net Deposits: $346,023.42

Total Gross Receipts: $346,023.42

Page Subtotals: $0.00 $0.00

Page: 7

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

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

 Document Page 11 of 18
Exhibit C

ANALYSIS OF CLAIMS REGISTER

Case Number: 16-24297 Date: November 16, 2017

Debtor Name: SUN TRANSACTIONS ADVISORS, LLC

Claims Bar Date: 12/19/2016

Page 1 Printed: November 16, 2017

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

$0.00 $4,885.10 $4,885.10

100

3410

ALAN D. LASKO &

ASSOCIATES PC

205 W. Randolph Street

Suite 1150

Chicago, Illinois 60606

Administrative

$0.00 $37.10 $37.10

100

3420

ALAN D. LASKO &

ASSOCIATES PC

205 W. Randolph Street

Suite 1150

Chicago, Illinois 60606

Administrative

$0.00 $22,000.00 $22,000.00

200

3991

BETTER LIFE TRADING CO.,

INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Administrative

Consultant Fees - Order dated 9/15/16 - Dkt. #27

$0.00 $6,516.13 $6,516.13

200

3991

BETTER LIFE TRADING

COMPANY, INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Administrative

BUSINESS OPERATING CONSULTANT FOR TRUSTEE - DKT #27

$0.00 $1,417.50 $1,417.50

200

3991

BETTER LIFE TRADING

COMPANY, INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Administrative

Deterding Drug - Sale Commission

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $472.50 $472.50

200

3991

BETTER LIFE TRADING

COMPANY, INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Administrative

Hurst Enterprises - Broker Commission for Sale of Stock

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $1,490.62 $1,490.62

200

3991

BETTER LIFE TRADING

COMPANY, INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Administrative

Goddard Schools Olathe & Overland Park - Broker Commission for Sale of Stock

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $125.00 $125.00

200

3991

BETTER LIFE TRADING

COMPANY, INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Administrative

Elkhart Pharmacy

UST Form 101-7-TFR (5/1/2011) (Page: 12)

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Exhibit C

ANALYSIS OF CLAIMS REGISTER

Case Number: 16-24297 Date: November 16, 2017

Debtor Name: SUN TRANSACTIONS ADVISORS, LLC

Claims Bar Date: 12/19/2016

Page 2 Printed: November 16, 2017

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

$0.00 $1,003.50 $1,003.50

200

3991

BETTER LIFE TRADING

COMPANY, INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Administrative

Sarpino's - Sale Commission

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $1,890.00 $1,890.00

200

3991

BETTER LIFE TRADING

COMPANY, INC.

503 DORCHESTER CT.

#101

ROSELLE, IL 60172

Administrative

Silver Creek Pharmacy Sale - Operating Consultant Commission for Sale of Stock Pursuant to Order

dated 9/15/16 [Dkt. #29]. 

$0.00 $11,550.00 $11,550.00

200

2690

BOB ENGEL, INC.

Robert Engel

17437 Harvest Hill Dr.

Orland Park, IL 60467

Administrative

Hurst Enterprises - Broker Commission for Sale of Stock

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $20,551.17 $20,551.17

100

2100

Frances Gecker

FRANKGECKER LLP

325 N. LaSalle Street, Suite 625

Chicago, IL 60654

Administrative

$0.00 $54,057.50 $54,057.50

100

3110

FRANKGECKER LLP

325 N. LASALLE STREET

SUITE 625

CHICAGO, ILLINOIS 60654

Administrative

First and Final Fee Application

$0.00 $378.18 $378.18

100

3120

FRANKGECKER LLP

325 N. LASALLE STREET

SUITE 625

CHICAGO, ILLINOIS 60654

Administrative

First and Final Fee Application

$0.00 $24,530.00 $24,530.00

200

2690

Ken Kurtz

Mistershop.com

1721 Mission Hills Road, Suite 107

Northbrook, IL 60062

Administrative

Sarpino's - Sale Commission

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $6,000.00 $6,000.00

200

2690

MLM, LLP

Attention: William Mears

400 Midland Court

Suite 101

Janesville, WI 53546

Administrative

Silver Creek Pharmacy Sale - Broker Commission for Sale of Stock Pursuant to Order dated 9/15/16

[Dkt. #29]. 

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

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Exhibit C

ANALYSIS OF CLAIMS REGISTER

Case Number: 16-24297 Date: November 16, 2017

Debtor Name: SUN TRANSACTIONS ADVISORS, LLC

Claims Bar Date: 12/19/2016

Page 3 Printed: November 16, 2017

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

$0.00 $36,437.50 $36,437.50

200

2690

R. HANSON CORPORATION

Attn: Bob Hanson

321 ISLAND VIEW LANE

LAKE BARRINGTON, IL 60010

Administrative

Goddard Schools Olathe & Overland Park - Broker Commission for Sale of Stock

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $46,200.00 $46,200.00

200

2690

RW SUN INC.

ATTN: RYAN WULFEKUHL

15346 PAPIO STREET

OMAHA, NE 68138

Administrative

Silver Creek Pharmacy Sale - Broker Commission for Sale of Stock Pursuant to Order dated 9/15/16

[Dkt. #29]. 

$0.00 $15,750.00 $15,750.00

200

2690

SOURCEWORKS, INC.

Attention: James McNeela

2501 Ardmore Ave.

Inverness, IL 60067

Administrative

Deterding Drug - Sale Commission

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $17,850.00 $17,850.00

200

2690

SUMMIT MARKETING CO.,

INC.

1644 Pebble Beach Dr.

Hoffman Estates, IL 60169

Administrative

Sale Commission

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $18,900.00 $18,900.00

200

2690

SUMMIT MARKETING CO.,

INC.

1644 Pebble Beach Dr.

Hoffman Estates, IL 60169

Administrative

Deterding Drug - Sale Commission

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $7,000.00 $7,000.00

200

2690

T. DONNELLY, INC.

c/o Dan Donnelly

10910 S. Natchez

Worth, IL 60482

Administrative

Deterding Drug - Sale Commission

Pursuant to Order dated 9/15/16 [Dkt. #29]. 

$0.00 $10,000.00 $10,000.00

200

2690

T. DONNELLY, INC.

c/o Dan Donnelly

10910 S. Natchez

Worth, IL 60482

Administrative

Silver Creek Pharmacy Sale - Broker Commission for Sale of Stock Pursuant to Order dated 9/15/16

[Dkt. #29]. 

1 $0.00 $46,784.98 $46,784.98

300

7100

DANIEL K. PEDERSEN

1331 WINDHILL

PALATINE, IL 60067

Unsecured

Case Totals $0.00 $355,826.78 $355,826.78

UST Form 101-7-TFR (5/1/2011) (Page: 14)

Case 16-24297 Doc 48 Filed 11/17/17 Entered 11/17/17 16:44:52 Desc Main

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Exhibit C

ANALYSIS OF CLAIMS REGISTER

Case Number: 16-24297 Date: November 16, 2017

Debtor Name: SUN TRANSACTIONS ADVISORS, LLC

Claims Bar Date: 12/19/2016

Page 4 Printed: November 16, 2017

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

UST Form 101-7-TFR (5/1/2011) (Page: 15)

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TRUSTEE’S PROPOSED DISTRIBUTION

Exhibit D

Case No.: 16-24297

Case Name: SUN TRANSACTIONS ADVISORS, LLC

Trustee Name: Frances Gecker, Trustee

Claims of secured creditors will be paid as follows:

NONE

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

Balance on hand $

Reason/Applicant Total Requested

Interim Payments

to Date

Proposed

Payment

Trustee Fees: Frances Gecker $ $ $

Attorney for Trustee Fees:

FRANKGECKER LLP $ $ $

Attorney for Trustee Expenses:

FRANKGECKER LLP $ $ $

Accountant for Trustee Fees: ALAN D.

LASKO & ASSOCIATES PC $ $ $

Accountant for Trustee Expenses: ALAN D.

LASKO & ASSOCIATES PC $ $ $

Other: BETTER LIFE TRADING CO.,

INC. $ $ $

Other: BETTER LIFE TRADING

COMPANY, INC. $ $ $

Other: BOB ENGEL, INC. $ $ $

Other: Ken Kurtz $ $ $

Other: MLM, LLP $ $ $

Other: R. HANSON CORPORATION $ $ $

Other: RW SUN INC. $ $ $

UST Form 101-7-TFR (5/1/2011) (Page: 16)

0.00 0.00 0.00 378.18 0.00 0.00 0.00 0.00 46,200.00 36,437.50 11,550.00 12,915.25 6,000.00 0.00 24,530.00 4,885.10 22,000.00 0.00 54,057.50 0.00 0.00 4,885.10 20,551.17 378.18 37.10 22,000.00 54,057.50 36,437.50 46,200.00 12,915.25 11,550.00 24,530.00 37.10 6,000.00 0.00 115,438.54 20,551.17

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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:

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:

Reason/Applicant Total Requested

Interim Payments

to Date

Proposed

Payment

Other: SOURCEWORKS, INC. $ $ $

Other: SUMMIT MARKETING CO., INC. $ $ $

Other: T. DONNELLY, INC. $ $ $

Total to be paid for chapter 7 administrative expenses $

Remaining Balance $

Claim No. Claimant

Allowed Amount

of Claim

Interim Payments

to Date

Proposed

Payment

1 DANIEL K. PEDERSEN $ $ $

Total to be paid to timely general unsecured creditors $

Remaining Balance $

UST Form 101-7-TFR (5/1/2011) (Page: 17)

46,784.98 0.00 0.00 0.00 36,750.00 15,750.00 75.9 0.00 46,784.98 35,529.49 79,909.05 0.00 0.00 17,000.00 35,529.49 17,000.00 15,750.00 36,750.00 35,529.49

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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:

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: 18)

0.00 0.0 0.00 0.0

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