UNITED STATES BANKRUPTCY COURT

 

 

 DISTRICT OF 

 DIVISION

 

CHAPTER 7 TRUSTEE’S FINAL ACCOUNT AND DISTRIBUTION

REPORT CERTIFICATION THAT THE ESTATE HAS BEEN FULLY

ADMINISTERED AND APPLICATION TO BE DISCHARGED (TDR)

Joji Takada, Chapter 7 Trustee , chapter 7 trustee, submits this Final Account,

Certification that the Estate has been Fully Administered and Application to be Discharged.

1) All funds on hand have been distributed in accordance with the Trustee’s Final Report

and, if applicable, any order of the Court modifying the Final Report. The case is fully

administered and all assets and funds which have come under the trustee’s control in this case

have been properly accounted for as provided by law. The trustee hereby requests to be

discharged from further duties as a trustee.

2) A summary of assets abandoned, assets exempt, total distributions to claimants, claims

discharged without payment, and expenses of administration is provided below:

3) Total gross receipts of $ (see Exhibit 1), minus funds paid to the debtor and

third parties of $ (see Exhibit 2), yielded net receipts of $ from the liquidation of

the property of the estate, which was distributed as follows:

In re: §

§

Patrick J. Leib § Case No. 16-27899

§

Debtor §

Assets Abandoned:

(Without deducting any secured claims)

Assets Exempt:

Total Distributions to Claimants: Claims Discharged

Without Payment: 

Total Expenses of Administration: 

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

21,123.14 

101-7-TDR /2009 2 24,432.14 NORTHERN 

ILLINOIS 24,432.14 1,422,883.33 EASTERN 3,309.00 1,356,650.00 175,040.00 

/2010 0.00 ems Inc. A

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4) This case was originally filed under chapter on . The case was pending

for months.

5) All estate bank statements, deposit slips, and canceled checks have been submitted to

the United States Trustee.

6) An individual estate property record and report showing the final accounting of the

assets of the estate is attached as Exhibit 8. The cash receipts and disbursements records for each

estate bank account, showing the final accounting of the receipts and disbursements of estate

funds is attached as Exhibit 9.

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.

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED

CLAIMS

PAID

SECURED CLAIMS

(from Exhibit 3) $ $ $ $

PRIORITY CLAIMS:

CHAPTER 7 ADMIN. FEES

AND CHARGES

(from Exhibit 4)

PRIOR CHAPTER

ADMIN. FEES AND

CHARGES (from Exhibit 5)

PRIORITY UNSECURED

CLAIMS (from Exhibit 6)

GENERAL UNSECURED

CLAIMS (from Exhibit 7)

TOTAL DISBURSEMENTS $ $ $ $

Dated: By:/s/Joji Takada, Chapter 7 Trustee

Trustee

UST Form 101-7-TDR (10/1/2010) (Page: 2)

380,677.00 NA 7

NA 0.00 NA 466,196.47 24,432.14 NA 3,309.00 NA 3,309.00 15 21,123.14 0.00 0.00 462,887.47 462,887.47 11/14/2017 18,666.50 0.00 981,119.00 484,862.97 0.00 600,442.00 NA 3,309.00 08/31/2016

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EXHIBITS TO

FINAL ACCOUNT

EXHIBIT 1 – GROSS RECEIPTS

EXHIBIT 2 – FUNDS PAID TO DEBTOR & THIRD PARTIES

EXHIBIT 3 – SECURED CLAIMS

DESCRIPTION UNIFORM

TRAN. CODE1

$ AMOUNT

RECEIVED

TOTAL GROSS RECEIPTS $

1

The Uniform Transaction Code is an accounting code assigned by the trustee for statistical reporting purposes.

PAYEE DESCRIPTION UNIFORM

TRAN. CODE

$ AMOUNT

PAID

NA

TOTAL FUNDS PAID TO DEBTOR &

THIRD PARTIES

$

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form 6D)

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

JM Auto Works, 682 Phelps

Avenue Romeoville, IL 60446

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

Edward Jones

Old Second National Bank - Patco Construction,

Inc. Business Stifel - Money Market 0.00 NA NA 1129-000 1129-000 1129-000 11,900.82 7,165.60 5,365.72 24,432.14 0.00 NA NA NA

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EXHIBIT 4 – CHAPTER 7 ADMINISTRATIVE FEES and CHARGES

EXHIBIT 5 – PRIOR CHAPTER ADMINISTRATIVE FEES and CHARGES

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form 6D)

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

Old Second National Bank, 37

S River St Aurora, IL 60506

Old Second National Bank, 37

S River St Aurora, IL 60506

1 Town Center Bank

TOTAL SECURED CLAIMS $ $ $ $ 

PAYEE

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

Joji Takada

Joji Takada

Associated Bank

TOTAL CHAPTER 7 ADMIN. FEES

AND CHARGES

$ $ $ $ 

PAYEE

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

CLAIMS

ASSERTED

CLAIMS

ALLOWED CLAIMS PAID

NA

TOTAL PRIOR CHAPTER ADMIN.

FEES AND CHARGES

$ $ $ $ 

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

NANA 3,309.00 NANA 0.00 2200-000 2100-000 2600-000 4120-000 NA 115.79 0.00 NA 0.00 3,193.21 0.00 0.00 NA NA NA NA NANA 0.00 3,193.21 NA 115.79 18,666.50 600,442.00 NA 558,000.00 115.79 42,442.00 0.00 18,666.50 NA 3,309.00 3,193.21 0.00 NA NA 0.00 NA 3,309.00

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EXHIBIT 6 – PRIORITY UNSECURED CLAIMS

EXHIBIT 7 – GENERAL UNSECURED CLAIMS

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6E)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

TOTAL PRIORITY UNSECURED

CLAIMS

$ $ $ $ 

CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6F)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

At&T Universal Citi Card, Po

Box 6500 Sioux Falls, SD

57117

Capital One / Menard, Attn:

Bankruptcy Dept Po Box

30258 Salt Lake City, UT

84130

Check Systems, Inc., Attn:

Customer Relations 7805

Hudson Road, Ste 100

Woodbury, MN 55125

Equifax Information Services,

LLC, P.O. Box 740256

Atlanta, GA 30374-0256

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

379.00 0.00 0.00 903.00 0.00 NA 0.00 NANANANA 0.00 NA NANANANA 0.00 0.00 0.00 0.00 0.00 NA 0.00

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CLAIM NO. CLAIMANT

UNIFORM

TRAN.

CODE

CLAIMS

SCHEDULED

(from Form

6F)

CLAIMS

ASSERTED

(from Proofs of

Claim)

CLAIMS

ALLOWED CLAIMS PAID

Experian, P.O. Box 9701

Allen, TX 75013-9701

Rathbun, Cservenyak, and

Kozol LLC, 3260 Executive

Dr. Joliet, IL 60431

Town Center Bank, 20181 S

La Grange Road Frankfort, IL

60423

TransUnion Consumer

Solutions, P.O. Box 2000

Chester, PA 19022-2002

1 Town Center Bank

TOTAL GENERAL UNSECURED

CLAIMS

$ $ $ $ 

UST Form 101-7-TDR (10/1/2010) (Page: 6)

7100-000 NA 0.00 0.00 379,395.00 0.00 462,887.47 NANANANA 21,123.14 462,887.47 462,887.47 NANANANA 0.00 0.00 0.00 0.00 21,123.14 380,677.00 462,887.47

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Exhibit 8

FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Case No: 16-27899 BWB Judge: Bruce W. Black Trustee Name: Joji Takada, Chapter 7 Trustee 

Case Name: Patrick J. Leib Date Filed (f) or Converted (c): 08/31/2016 (f)

341(a) Meeting Date: 09/29/2016

For Period Ending: 11/14/2017 Claims Bar Date: 02/07/2017

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. 16420 S. River Road

Plainfield Il 60586-0000 Will

1,350,000.00 1,350,000.00 0.00 FA

2. 2003 Ford Ranger Mileage: 131,000 /Kelley Blue Book 1,600.00 1,600.00 0.00 FA

3. 2003 Lincoln Navigator Mileage: 86,000 /Kelley Blue Book 4,500.00 4,500.00 0.00 FA

4. 2005 Mercedes-Benz Sl500 Mileage: 18,000 /Kelley Blue 

Book -

16,000.00 16,000.00 0.00 FA

5. Miscellaneous Household 2,500.00 0.00 0.00 FA

6. Miscellaneous Electronics 250.00 0.00 0.00 FA

7. 22 Rifle 200.00 0.00 0.00 FA

8. Everyday Apparel 200.00 0.00 0.00 FA

9. Miscellaneous Jewelry 500.00 0.00 0.00 FA

10. Cash 50.00 0.00 0.00 FA

11. Old Second National Bank - Patco Construction, Inc. Business 6,000.00 0.00 5,365.72 FA

12. Stifel - Money Market 11,641.50 0.00 11,900.82 FA

13. Edward Jones 7,025.00 0.00 7,165.60 FA

14. Edwards Jones 152,499.00 0.00 0.00 FA

15. Catholic Order Of Foresters 1,841.00 0.00 0.00 FA

INT. Post-Petition Interest Deposits (u) Unknown N/A 0.00 Unknown

Gross Value of Remaining Assets

TOTALS (Excluding Unknown Values) $1,554,806.50 $1,372,100.00 $24,432.14 $0.00

(Total Dollar Amount in Column 6)

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

Page: 1

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

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Exhibit 8

Administering nonexempt bank funds. - Joji Takada 11/28/2016

Initial Projected Date of Final Report (TFR): 12/31/2017 Current Projected Date of Final Report (TFR): 12/31/2017

Page: 2

UST Form 101-7-TDR (10/1/2010) (Page: 8)

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Exhibit 9

FORM 2

ESTATE CASH RECEIPTS AND DISBURSEMENTS RECORD

Case No: 16-27899 Trustee Name: Joji Takada, Chapter 7 Trustee 

Case Name: Patrick J. Leib Bank Name: Associated Bank

Account Number/CD#: XXXXXX0395

Checking

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

For Period Ending: 11/14/2017 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 

($)

12/23/16 Jennifer Leib Non-exempt funds 

Nonexempt funds re brokerage 

and bank accounts

$24,432.14 $24,432.14

Gross Receipts $24,432.14

11 Old Second National Bank - 

Patco Construction, Inc. 

Business

$5,365.72 1129-000

12 Stifel - Money Market $11,900.82 1129-000

13 Edward Jones $7,165.60 1129-000

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 $10.54 $24,421.60

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 $36.30 $24,385.30

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 $32.75 $24,352.55

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 $36.20 $24,316.35

08/22/17 1001 Joji Takada

6336 North Cicero Avenue

Chicago, IL 60646

Final distribution per court 

order.

2100-000 $3,193.21 $21,123.14

08/22/17 1002 Town Center Bank

120 S. Lasalle St. #1335

Chicago, Il 60603

Final distribution per court 

order.

7100-000 $21,123.14 $0.00

COLUMN TOTALS $24,432.14 $24,432.14

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

Subtotal $24,432.14 $24,432.14

Less: Payments to Debtors $0.00 $0.00

Page Subtotals: $24,432.14 $24,432.14

Page: 1

UST Form 101-7-TDR (10/1/2010) (Page: 9)

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Exhibit 9

Net $24,432.14 $24,432.14

Page Subtotals: $0.00 $0.00

Page: 2

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

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Exhibit 9

TOTAL OF ALL ACCOUNTS

NET ACCOUNT

NET DEPOSITS DISBURSEMENTS BALANCE

XXXXXX0395 - Checking $24,432.14 $24,432.14 $0.00

$24,432.14 $24,432.14 $0.00

(Excludes account

transfers)

(Excludes payments

to debtors)

Total Funds on Hand

Total Allocation Receipts: $0.00

Total Net Deposits: $24,432.14

Total Gross Receipts: $24,432.14

Page Subtotals: $0.00 $0.00

Page: 3

UST Form 101-7-TDR (10/1/2010) (Page: 11)

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