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

UNITED STATES BANKRUPTCY COURT

In re: § Case No.

§

§

§

EMMEL, KRISTINE EILEEN 16-27476-PSH

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 26, 2016. The undersigned trustee was appointed on August 26, 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

42,000.00

13.84

0.00

0.00

0.00

41,579.15 1

Payments made under an

interim distribution

Exemptions paid to the debtor

0.00

0.00

Bank service fees 407.01

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 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 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 03/01/2017

.

.

and the deadline for filing governmental claims was 03/01/2017. 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

$4,950.00. 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 $4,950.00, for a total compensation of $4,950.00. In addition, the trustee

and now requests reimbursement for expenses of $7.90, for total expenses of

$7.90.

$0.00

2

2

/s/ALEX D. MOGLIA

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.

04/06/2018

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 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 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: 04/06/18

Trustee: ALEX D. MOGLIA

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

16-27476-PSH

03/01/17

Ref. #

Case Name: EMMEL, KRISTINE EILEEN

§341(a) Meeting Date: 09/21/16

08/26/16 (f)

(330260)

Exhibit A

704 Wicker Avenue, Streamwood, IL 60107-0000, Co

Imported from original petition Doc# 1

1 167,000.00 0.00 42,000.00 FA

2 VOID 0.00 0.00 0.00 0.00

3 VOID 0.00 0.00 0.00 0.00

Cash

Imported from Amended Doc#: 16

4 5.00 0.00 0.00 FA

5 Checking: Hoffman Estates Community Bank 403.62 0.00 0.00 FA

6 Savings: Hoffman Estates Community Bank 129.00 0.00 0.00 FA

7 Kitchen Appliances: 185 Small Appliances: 27 Was 638.50 0.00 0.00 FA

8 TV: 200 Stereo: 20 Game system: 20 laptop: 100 i 180.00 0.00 0.00 FA

9 clothing, coats, shoes, hats 270.00 0.00 0.00 FA

10 rings: 100 necklaces: 10 bracelets: 5 Earrings: 130.00 0.00 0.00 FA

11 Golf Clubs: 20 Board Games: 5 Cameras: 20 Bicycl 60.00 0.00 0.00 FA

12 firearms 100.00 0.00 0.00 FA

13 Interest in Ins.Policy with Country Financial 2,135.38 0.00 0.00 FA

14 Interest in Insurance Policy with State Farm 0.00 0.00 0.00 FA

15 IRA: Woodbury Financial 29,354.29 0.00 0.00 FA

16 Express Transport Logistics Inc., 50% ownership 0.00 0.00 0.00 FA

17 Nissan Pathfinder 2011 65,000 good condition. En 14,000.00 3,090.39 0.00 FA

18 Nissan Pathfinder 2014 39,000 good condition. En (u) 27,000.00 0.00 0.00 FA

19 Ford Mustang 1990 needs work. 1,000.00 500.00 0.00 FA

20 Chevy Corvette 1980 needs work. Entire property 3,000.00 1,500.00 0.00 FA

21 VOID 0.00 0.00 0.00 0.00

22 VOID 0.00 0.00 0.00 0.00

23 VOID 0.00 0.00 0.00 0.00

24 VOID 0.00 0.00 0.00 0.00

Wellcraft

Boat

25 1,000.00 500.00 0.00 FA

Printed: 04/06/2018 10:34 AM V.13.32

Case 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 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: 04/06/18

Trustee: ALEX D. MOGLIA

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

16-27476-PSH

03/01/17

Ref. #

Case Name: EMMEL, KRISTINE EILEEN

§341(a) Meeting Date: 09/21/16

08/26/16 (f)

(330260)

Exhibit A

1993.

Seadoo

Waverunner

1999.

26 1,000.00 500.00 0.00 FA

Seadoo

Waverunner

2000

not running. E

27 300.00 150.00 0.00 FA

28 VOID 0.00 0.00 0.00 0.00

28 Assets Totals (Excluding unknown values) $247,705.79 $6,240.39 $42,000.00 $0.00

Major Activities Affecting Case Closing:

FINAL REPORT PREPARATION.

FINAL REPORT PREPARATION.

Initial Projected Date Of Final Report (TFR): December 30, 2017 Current Projected Date Of Final Report (TFR): April 30, 2018

Printed: 04/06/2018 10:34 AM V.13.32

Case 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 Desc Main

 Document Page 4 of 10
Blanket Bond:

Separate Bond:

Description of Transaction

Form 2

Cash Receipts And Disbursements Record

04/06/18

Taxpayer ID #: **-***5432

Case Number:

Bank Name:

$5,000,000.00 (per case limit)

******1366 - Checking Account

Rabobank, N.A.

Trans.

Date

{Ref #} /

Check # Paid To / Received From

Receipts

$

Disbursements

$ Account Balance

Checking

Trustee: ALEX D. MOGLIA (330260)

Page: 1

16-27476-PSH

Case Name: EMMEL, KRISTINE EILEEN

N/A

1 2 3 4 5 6 7

Account:

Period Ending:

T-Code

Exhibit B

Sale of trustee's right, title & interest in 42,000.00

property, pursuant to order dtd 8.24.17, dkt.

#38.

09/07/17 {1} Kristine Emmel 1110-000 42,000.00

09/29/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 42.28 41,957.72

10/31/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 64.37 41,893.35

11/30/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 60.25 41,833.10

12/29/17 Rabobank, N.A. Bank and Technology Services Fee 2600-000 58.16 41,774.94

01/31/18 Rabobank, N.A. Bank and Technology Services Fee 2600-000 66.09 41,708.85

BOND PREMIUM PAYMENT ON LEDGER

BALANCE AS OF 02/12/2018 FOR CASE

#16-27476, Blanket Bond #016073584 for

2/1/8 - 2/1/19

02/12/18 101 International Sureties, LTD 2300-000 13.84 41,695.01

02/28/18 Rabobank, N.A. Bank and Technology Services Fee 2600-000 55.98 41,639.03

03/30/18 Rabobank, N.A. Bank and Technology Services Fee 2600-000 59.88 41,579.15

ACCOUNT TOTALS 42,000.00 420.85 $41,579.15

Less: Bank Transfers 0.00 0.00

Subtotal 42,000.00 420.85

Less: Payments to Debtors 0.00

NET Receipts / Disbursements $42,000.00 $420.85

Net Receipts :

Net Estate :

42,000.00 420.85 41,579.15

Net

Receipts

Net

Disbursements

Account

Balances

Checking # ******1366

TOTAL - ALL ACCOUNTS

$42,000.00 $420.85 $41,579.15

42,000.00

 

$42,000.00

{} Asset reference(s) Printed: 04/06/2018 10:34 AM V.13.32

Case 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 Desc Main

 Document Page 5 of 10
Claim

Number

Claimant Name /

<Category>, Priority

Amount Filed/

Allowed

Paid 

to Date

Case: 16-27476-PSH EMMEL, KRISTINE EILEEN

Claim Type/

Date Filed

Printed: 04/06/18 10:34 AM Page: 1

Claims Register

Claim

Balance

Claim Ref./

Notes

Claims Bar Date: 03/01/17

$4,950.00

$4,950.00

<2100-00 Trustee Compensation>, 200

08/26/16

ALEX D. MOGLIA Admin Ch. 7

SCHAUMBURG, IL 60173

1325 REMINGTON RD.STE. H

$0.00 $4,950.00

$4,525.50

$4,525.50

<3210-00 Attorney for Trustee Fees (Other Firm)>, 200

08/26/16

SPRINGER BROWN LLC Admin Ch. 7

WHEATON, IL 60187

WHEATON EXECUTIVE CENTER

400 S. COUNTY FARM ROAD - SUITE 330

$0.00 $4,525.50

$15.13

$15.13

<3220-00 Attorney for Trustee Expenses (Other Firm)>, 200

08/26/16

SPRINGER BROWN LLC Admin Ch. 7

WHEATON, IL 60187

WHEATON EXECUTIVE CENTER

400 S. COUNTY FARM ROAD - SUITE 330

$0.00 $15.13

$7.90

$7.90

<2200-00 Trustee Expenses>, 200

08/26/16

ALEX D. MOGLIA Admin Ch. 7

SCHAUMBURG, IL 60173

1325 REMINGTON RD.STE. H

$0.00 $7.90

$0.00

$4,185.55

<4210-00 Pers. Prop. & Intangibles--Consensual Liens (UCC, chattel, PMSI)>, 100

1

09/08/16

Nissan-Infiniti LT Secured

NO PROCEEDS WERE RECEIVED WITH RESPECT TO THIS

PO Box 660366 Dallas, TX 75266-0366 CLAIM.

$0.00 $0.00

$1,130.30

$1,130.30

<5800-00 Claims of Governmental Units>, 570

2P

12/05/16

IRS Priority

SEE AMENDED CLAIM #2 FILED 2-28-2018

Cincinnati, OH 45999-0030

Department of the Treasury

Internal Revenue Service

$0.00 $1,130.30

$109.16

$109.16

<7100-00 General Unsecured § 726(a)(2)>, 610

2U

12/05/16

IRS Unsecured

Cincinnati, OH 45999-0030

Department of the Treasury

Internal Revenue Service

$0.00 $109.16

$3,823.77

$3,823.77

<7100-00 General Unsecured § 726(a)(2)>, 610

3

12/16/16

Capital One Bank (USA), N.A. Unsecured

Charlotte, NC 28272-1083

PO Box 71083

$0.00 $3,823.77

Case 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 Desc Main

 Document Page 6 of 10
Claim

Number

Claimant Name /

<Category>, Priority

Amount Filed/

Allowed

Paid 

to Date

Case: 16-27476-PSH EMMEL, KRISTINE EILEEN

Claim Type/

Date Filed

Printed: 04/06/18 10:34 AM Page: 2

Claims Register

Claim

Balance

Claim Ref./

Notes

Claims Bar Date: 03/01/17

$78,223.60

$78,223.60

<7100-00 General Unsecured § 726(a)(2)>, 610

4

02/17/17

American Contractors Indemnity Co. Unsecured

Los Angeles, CA 90017

601 S. Figueroa St.

Suite 1600

$0.00 $78,223.60

$15,809.94

$15,809.94

<7100-00 General Unsecured § 726(a)(2)>, 610

5

02/20/17

Wells Fargo Bank, N.A. Unsecured

Des Moines, IA 50306-0438

Wells Fargo Card Services

PO Box 10438, MAC F8235-02F

$0.00 $15,809.94

Case Total: $0.00 $108,595.30

Case 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 Desc Main

 Document Page 7 of 10
Case No.:

Case Name:

Trustee Name:

Exhibit D

16-27476-PSH

EMMEL, KRISTINE EILEEN

ALEX D. MOGLIA

TRUSTEE'S PROPOSED DISTRIBUTION

Claims of secured creditors will be paid as follows:

Claimant Proposed

Payment

Balance on hand: $ 41,579.15

Claim

No.

Interim Payments

to Date

Allowed Amount

of Claim

Claim

Asserted

1 Nissan-Infiniti LT 4,185.55 0.00 0.00 0.00

Remaining balance: $ 41,579.15

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 - ALEX D. MOGLIA 4,950.00 0.00 4,950.00

Trustee, Expenses - ALEX D. MOGLIA 7.90 0.00 7.90

Attorney for Trustee, Fees - SPRINGER BROWN LLC 4,525.50 0.00 4,525.50

Attorney for Trustee, Expenses - SPRINGER BROWN 15.13

LLC

0.00 15.13

Remaining balance: $ 32,080.62

Total to be paid for chapter 7 administration expenses: $ 9,498.53

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: $ 32,080.62

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

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

Case 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 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 $1,130.30 must be paid in advance of any dividend to

Claim 

No

Proposed

Payment

Claimant Allowed Amount

of Claim

Interim Payments

to Date

2P IRS 1,130.30 0.00 1,130.30

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: $ 30,950.32

Total to be paid for priority claims: $ 1,130.30

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 $ 97,966.47 have been allowed and

The timely allowed general (unsecured) dividend is anticipated to be 31.6 percent,

will be paid pro rata

Interim Payments

to Date

plus interest (if applicable).

2U IRS 109.16 0.00 34.49

3 Capital One Bank (USA), N.A. 3,823.77 0.00 1,208.03

4 American Contractors Indemnity Co. 78,223.60 0.00 24,713.00

5 Wells Fargo Bank, N.A. 15,809.94 0.00 4,994.80

Remaining balance: $ 0.00

Total to be paid for timely general unsecured claims: $ 30,950.32

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

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

Case 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 Desc Main

 Document Page 9 of 10
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 16-27476 Doc 40 Filed 04/12/18 Entered 04/12/18 15:03:12 Desc Main

 Document Page 10 of 10