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 BERNARD J.

NATALE, 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:

United States Bankruptcy Court

Northern District of Illinois

Western Division

327 S. Church Street, Room 1100

Rockford, IL 61101

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 9:30 AM on 05/03/2017 in Courtroom 3100,

United States Bankruptcy Court

327 S Church Street

Rockford IL 61101

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.

BERNARD J. NATALE

1639 N ALPINE RD SUITE 401

EDGEBROOK OFFICE CENTER

ROCKFORD, IL 61107

In re: §

§

TRACY OTTO § Case No. 16-81983

§

Debtor §

Date Mailed: 03/20/2017 By: /S/ BERNARD J. NATALE

TRUSTEE

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

101-7-NFR /2009 2 NORTHERN /2010 

ILLINOIS 

ems Inc. A WESTERN

Case 16-81983 Doc 39 Filed 04/11/17 Entered 04/11/17 11:34:01 Desc Main

 Document Page 1 of 7
UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

WESTERN 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: §

§

TRACY OTTO § Case No. 16-81983

§

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: BERNARD J. NATALE $ $ $

Trustee Expenses: BERNARD J. NATALE $ $ $

Attorney for Trustee Fees: BERNARD J.

NATALE LTD $ $ $

Attorney for Trustee Expenses: BERNARD

J. NATALE LTD $ $ $

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 21.56 22.04 36,168.66 0.00 0.00 3,402.50 0.00 6,686.99 3,240.89 21.56 29,481.67 22.04 3,402.50 0.00 36,168.66 3,240.89

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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:

Claim No. Claimant

Allowed Amount

of Claim

Interim Payment to

Date Proposed Payment

1

Quantum3 Group Llc As

Agent For $ $ $

2

Quantum3 Group Llc As

Agent For $ $ $

3 Discover Bank $ $ $

4

Capital One Bank (Usa),

Na $ $ $

5

Capital One Bank (Usa),

Na $ $ $

6

Pyod, Llc as Assignee of

FNBM LLC $ $ $

7

Pyod, Llc as Assignee of

FNBM LLC $ $ $

8 Golden Valley Lending $ $ $

9

Portfolio Recovery

Associates, Llc $ $ $

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

0.00 0.00 0.00 18,163.10 0.00 0.00 0.00 0.00 0.00 0.00 100.0 1,000.00 1,112.42 2,222.65 636.23 916.86 1,346.14 829.88 1,781.64 1,780.23 916.86 636.23 2,222.65 1,780.23 0.00 1,781.64 829.88 1,346.14 1,112.42 1,000.00

Case 16-81983 Doc 39 Filed 04/11/17 Entered 04/11/17 11:34:01 Desc Main

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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

To the extent funds remain after payment in full to all allowed claims, interest will be paid at the

legal rate of % pursuant to 11 U.S.C. § 726(a)(5). Funds available for interest are $ . The

amounts proposed for payment to each claimant, listed above, shall be increased to include the applicable

interest.

Claim No. Claimant

Allowed Amount

of Claim

Interim Payment to

Date Proposed Payment

10

Portfolio Recovery

Associates, Llc $ $ $

11

Comenity Capital

Bank/Paypal Credit $ $ $

12

Portfolio Recovery

Associates, Llc $ $ $

13

Portfolio Recovery

Associates, Llc $ $ $

14

Portfolio Recovery

Associates, Llc $ $ $

Total to be paid to timely general unsecured creditors $

Remaining Balance $

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

0.00 0.00 0.00 0.00 0.00 0.6 0.00 1,374.28 1,107.85 0.0 0.00 0.0 11,318.57 58.81 1,107.85 1,374.28 785.30 1,615.57 1,654.05 1,654.05 785.30 1,615.57 18,163.10

Case 16-81983 Doc 39 Filed 04/11/17 Entered 04/11/17 11:34:01 Desc Main

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The amount of surplus returned to the debtor after payment of all claims and interest is

$ .

BERNARD J. NATALE

1639 N ALPINE RD SUITE 401

EDGEBROOK OFFICE CENTER

ROCKFORD, IL 61107

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.

Prepared By: /S/ BERNARD J. NATALE

TRUSTEE

UST Form 101-7-NFR (10/1/2010) (Page: 5)

11,259.76

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CASE NO: 16-81983

CASE NAME: TRACY OTTO

PROOF OF SERVICE

 

STATE OF ILLINOIS )

) SS

COUNTY OF WINNEBAGO )

The undersigned, being first duly sworn on oath deposes and states that she served the

attached Notice of Trustee’s Final Report and Applications for Compensation by sending a true 

and correct copy of said via U S Mail, E-mail, or ECF, as per attached:

SEE ATTACHED MATRIX

 (EXCEPT AS TO THOSE PARTIES TO RECEIVE ELECTRONIC NOTICE

 AS STATED IN THE U S BANKRUPTCY CLERK’S RECIEPT)

That she sealed said envelopes and placed sufficient U.S. postage on them; that she 

deposited said envelopes so sealed and stamped in the United States Mail at Rockford, Illinois, 

on the 11th day of April, 2017.

/s/ Mary Jane D’Angelo

SUBSCRIBED and SWORN to before me

11th day of April, 2017.

/s/ Denise M Bennett

Notary Public

My commission expires July 15, 2018

Case 16-81983 Doc 39 Filed 04/11/17 Entered 04/11/17 11:34:01 Desc Main

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1st Gateway Credit Union

P O Box 110 

Camanche IA 52730 

Avant

620 N LaSalle St #535 

Chicago IL 60654 

Capital One Bank

P O Box 790216 

St Louis MO 63179-0216 

Capital One Bank

P O Box 5294 

Carol Stream IL 601975294 

Capital One Bank USA NA

P O Box 71083 

Charlotte NC 282721083 

Chase

Cardmember Services

P O Box 1423 

Charlotte NC 28201 

Cornerstone Credit Union

550 West Meadows Drive 

Freeport IL 61032 

Credit One Bank

P O Box 98873 

Las Vega NV 89193

Discover

P O Box 30395 

Salt Lake City UT 841300395 

Discover Card

P O Box 6103 

Carol Stream IL 601976103 

First Premier Bank

P O Box 5147 

Sioux Falls SD 571175147 

Gordmans

World Financial Network Nat’l Bank

P O Box 659704 

San Antonio TX 782659704 

JC Penney

P O Box 960001 

Orlando FL 328960001 

Old Navy

Monogram Credit Card Bank Georgia 

P O Box 530993 

Atlanta GA 303530993 

Phillips 66 

P O Box 689140

Des Moines IA 50368 

Sam’s Club/GEMB

P O Box 530942 

Atlanta GA 303530942 

Security Finance

423 South Street 

Freeport IL 61032 

Springleaf Financial Services

1888 S West Avenue 

Freeport IL 61032 

Synchrony Bank

P O Box 530916 

Atlanta GA 3053

Victoria’s Secret

P O Box 659728 

San Antonio TX 782639728 

Walmart/GEMB

P O Box 530927 

Atlanta GA 303530927 

Web Bank/DFS

One Dell Way

Round Rock TX 78682 

Tracy I Otto

104 N Main St 

Baileyville IL 61007 

Attorney Mark Zaleski

10 N Galena Avenue #220 

Freeport IL 61032 

Attorney Tim Mahoney

Mahoney & Hauser Ltd

50 W Douglas Street #300 

Freeport IL 61032 

U S Trustee

780 Regent Street 

Suite 304 

Madison WI 53715

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