IN THE UNITED STATES BANKRUPTCY COURT 

FOR THE NORTHERN DISTRICT OF ILLINOIS 

EASTERN DIVISION 

IN THE MATTER OF: ) CHAPTER 7 

) 

PACKAGING ADVANTAGE, INC. ) 16-24295 

 ) 

) 

Debtor(s). ) 

PROOF OF SERVICE 

TO: See Attached 

I, GINA B. KROL, state that copies of the Notice of Trustee’s Final Report and 

Applications for Compensation and Deadline to Object, were sent on December 18, 2018, by 

First Class U.S. Mail to the persons shown on the attached service list. 

GINA B. KROL 

COHEN & KROL 

105 W. Madison, Ste 1100 

Chicago, IL 60602 

312-368-0300 BY:/s/ Gina B. Krol 

 

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SERVICE LIST 

Dorothy Curtis 

c/o Jeffrey Harris 

1701 S. First Ave., #202 

Maywood, IL 60153 

Christina Scott 

c/o Jeffrey Harris 

1701 S. First Ave., #202 

Maywood, IL 60153 

Wiczer & Sheldon 

500 Skokie Blvd., Ste 325 

Northbrook, IL 60062 

Pearl Marziani 

c/o Gini Marziani 

125 S. Wacker Dr. 

13th Floor 

Chicago, IL 60606 

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Ch 7 Bankruptcy Trustee

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UNITED STATES BANKRUPTCY COURT

 DISTRICT OF 

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 GINA B. KROL,

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:

JEFFREY P. ALLSTEADT

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 14 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 11:00 AM on 01/04/2019 in Courtroom 240,

Kane County Courthouse

240 S. Third Street

Geneva, IL

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.

GINA B. KROL

105 WEST MADISON STREET

SUITE 1100

CHICAGO, IL 60602-0000

In Re: §

§

PACKAGING ADVANTAGE, INC., § Case No. 16-24295 JSB

§

Debtor §

Date Mailed: 12/19/2018 By: Gina B. Krol

Trustee

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

101-7-NFR /2009 2 NORTHERN /2010 

ILLINOIS 

ems Inc. A

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UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

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: §

§

PACKAGING ADVANTAGE, INC., § Case No. 16-24295 JSB

§

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: GINA B. KROL $ $ $

Trustee Expenses: GINA B. KROL $ $ $

Attorney for Trustee Fees: Cohen & Krol $ $ $

Accountant for Trustee Fees: ALAN

LASKO $ $ $

Accountant for Trustee Expenses: ALAN

LASKO $ $ $

Other: INTERNATIONAL SURETIES,

LTD. $ $ $

Other: Cohen & Krol $ $ $

Total to be paid for chapter 7 administrative expenses $

Remaining Balance $

____________________

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)

0.00 19.60 69.20 0.00 173,327.57 0.00 0.00 7,032.70 231.40 9,301.00 12,100.21 21,911.19 7,032.70 28.05 0.00 12,521.39 19.60 151,416.38 0.00 231.40 9,301.00 69.20 28.05 0.00 185,427.78 12,521.39

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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:

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:

Claim No. Claimant

Allowed Amount

of Claim

Interim Payment to

Date Proposed Payment

000001A

Dorothy Curtis

c/o Jeffrey S Harris

1701 S First Ave

#202

Maywood IL 60153 $ $ $

000002A

Christine Scott

c/o Jeffrey S Harris

1701 S First Ave

#202

Maywood IL 60153 $ $ $

Total to be paid to priority creditors $

Remaining Balance $

Claim No. Claimant

Allowed Amount

of Claim

Interim Payment to

Date Proposed Payment

000006

SOURCE ONE

c/o Wiczer & Sheldon

500 Skokie Blvd Ste 325

Northbrook, IL 60062-

2887 $ $ $

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

882,935.18 0.00 15.9 468,000.00 74,396.28 11,059.35 9,084.26 11,059.35 0.00 1,975.09 0.00 1,975.09 9,084.26 140,357.03

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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

GINA B. KROL

105 WEST MADISON STREET

SUITE 1100

CHICAGO, IL 60602-0000

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.

Claim No. Claimant

Allowed Amount

of Claim

Interim Payment to

Date Proposed Payment

000007

Pearl A Marziani

d/b/a Marziani

Enterprises

c/o Gini S Marziani

125 S Wacker Drive

Chicago IL 60606 $ $ $

Total to be paid to timely general unsecured creditors $

Remaining Balance $

Prepared By: /s/GINA B. KROL

Trustee

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

0.00 0.00 0.0 0.00 414,935.18 0.0 0.00 65,960.75 140,357.03

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