UNITED STATES BANKRUPTCY COURT

 

 

 DISTRICT OF 

 DIVISION

 

NOTICE OF TRUSTEE’S FINAL REPORT AND

APPLICATIONS FOR COMPENSATION

AND DEADLINE TO OBJECT (NFR)

Pursuant to Fed. R. Bankr. P. 2002(a)(6) and 2002(f)(8), please take notice that Frances Gecker,

Trustee, trustee of the above styled estate, has filed a Final Report and the trustee and the trustee’s

professionals have filed final fee applications, which are summarized in the attached Summary of

Trustee's Final Report and Applications for Compensation.

The complete Final Report and all applications for compensation are available for inspection at

the Office of the Clerk, at the following address:

219 S. Dearborn Street

Chicago, IL 60604

Any person wishing to object to any fee application that has not already been approved or to the

Final Report, must file a written objection within 21 days from the mailing of this notice, serve a

copy of the objections upon the trustee, any party whose application is being challenged and the

United States Trustee. A hearing on the fee applications and any objection to the Final Report

will be held at 10:30 AM on 12/20/2017 in Courtroom 742 (Judge Carol A. Doyle),

EVERETT MCKINLEY DIRKSEN - U.S. COURTHOUSE

219 S. DEARBORN STREET

CHICAGO, IL 60604

If no objections are filed, upon entry of an order on the fee applications, the trustee may pay

dividends pursuant to FRBP 3009 without further order of the Court.

Frances Gecker, Trustee

325 N. LaSalle Street

Suite 625

Chicago, IL 60654

In re: §

§

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

§

Debtor §

Date Mailed: 11/20/2017 By: /s/ Frances Gecker

Chapter 7 Trustee

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

101-7-NFR /2009 2 NORTHERN /2010 

ILLINOIS 

ems Inc. A EASTERN

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UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

EASTERN DIVISION

SUMMARY OF TRUSTEE'S FINAL REPORT

AND APPLICATIONS FOR COMPENSATION

Claims of secured creditors will be paid as follows:

NONE

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

In re: §

§

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

§

Debtor §

The Final Report shows receipts of $

and approved disbursements of $

leaving a balance on hand of1$

Reason/Applicant Total Requested

Interim Payment

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. $ $ $

____________________

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-NFR (10/1/2010) (Page: 2)

378.18 0.00 0.00 115,438.54 12,915.25 0.00 4,885.10 22,000.00 0.00 54,057.50 230,584.88 0.00 0.00 4,885.10 20,551.17 378.18 37.10 22,000.00 54,057.50 12,915.25 37.10 0.00 346,023.42 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 Payment

to Date

Proposed

Payment

Other: BOB ENGEL, INC. $ $ $

Other: Ken Kurtz $ $ $

Other: MLM, LLP $ $ $

Other: R. HANSON CORPORATION $ $ $

Other: RW SUN INC. $ $ $

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 Payment to

Date Proposed Payment

1 DANIEL K. PEDERSEN $ $ $

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

46,784.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 46,200.00 36,437.50 36,750.00 15,750.00 11,550.00 6,000.00 24,530.00 75.9 0.00 46,784.98 79,909.05 35,529.49 0.00 17,000.00 35,529.49 17,000.00 36,437.50 46,200.00 15,750.00 36,750.00 11,550.00 24,530.00 6,000.00

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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, plus interest (if

applicable).

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, plus interest (if applicable).

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

subordinated by the Court are as follows:

NONE

Frances Gecker, Trustee

325 N. LaSalle Street

Suite 625

Chicago, IL 60654

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.

Total to be paid to timely general unsecured creditors $

Remaining Balance $

Prepared By: /s/ Frances Gecker

Chapter 7 Trustee

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

0.00 0.0 0.00 0.0 0.00 35,529.49

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