UNITED STATES BANKRUPTCY COURT

NORTHERN DISTRICT OF ILLINOIS

EASTERN DIVISION

In re: 

TORION L WATSON

DAPHNE M WATSON

Debtor(s)

Case No. 16-28069

CHAPTER 13 STANDING TRUSTEE’S FINAL REPORT AND ACCOUNT

Tom Vaughn, chapter 13 trustee, submits the following Final Report and Account of the 

administration of the estate pursuant to 11 U.S.C. § 1302(b)(1). The trustee declares as follows:

1) The case was filed on 08/31/2016.

2) The plan was confirmed on 11/15/2016.

3) The plan was modified by order after confirmation pursuant to 11 U.S.C. § 1329 on

NA .

4) The trustee filed action to remedy default by the debtor in performance under the plan 

on NA .

5) The case was dismissed on 09/26/2017.

6) Number of months from filing to last payment: 12.

7) Number of months case was pending: 14.

8) Total value of assets abandoned by court order: NA .

9) Total value of assets exempted: NA .

10) Amount of unsecured claims discharged without payment: $0.00.

11) All checks distributed by the trustee relating to this case have cleared the bank.

UST Form 101-13-FR-S (09/01/2009)

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Receipts:

Total paid by or on behalf of the debtor $6,052.70

Less amount refunded to debtor $501.05

NET RECEIPTS: $5,551.65

Expenses of Administration:

Attorney’s Fees Paid Through the Plan $4,000.00

Court Costs $0.00

Trustee Expenses & Compensation $235.22

Other $0.00

TOTAL EXPENSES OF ADMINISTRATION: $4,235.22

Attorney fees paid and disclosed by debtor: $0.00

Scheduled Creditors:

Creditor

Name Class

Claim

Scheduled

Claim

Asserted

Claim

Allowed

Int.

Paid

Principal

Paid

AMERICAN EXPRESS Unsecured 2,000.00 NA NA 0.00 0.00

BANK OF AMERICA Unsecured 2,096.00 2,171.65 2,171.65 0.00 0.00

BAXTER CREDIT UNION Unsecured 6,138.00 6,129.21 6,129.21 0.00 0.00

BAXTER CREDIT UNION Unsecured 5,029.00 5,258.70 5,258.70 0.00 0.00

BAXTER CREDIT UNION Unsecured 938.00 NA NA 0.00 0.00

BAXTER CREDIT UNION Secured 25,000.00 25,270.35 25,270.35 0.00 0.00

BAXTER CREDIT UNION Secured 8,692.00 8,242.66 8,242.66 0.00 0.00

BAXTER CREDIT UNION Secured 6,138.00 3,671.33 3,671.33 0.00 0.00

BAXTER CREDIT UNION Unsecured NA 217.99 217.99 0.00 0.00

CAPITAL ONE BANK USA Unsecured 1,722.00 1,748.79 1,748.79 0.00 0.00

CAPITAL ONE BANK USA Unsecured 1,189.00 1,244.70 1,244.70 0.00 0.00

CAPITAL ONE NA Unsecured 273.00 314.16 314.16 0.00 0.00

CAVALRY INVESTMENTS Unsecured 1,313.00 1,381.66 1,381.66 0.00 0.00

CHASE CARD MEMBER SERVICE Unsecured 1,604.00 NA NA 0.00 0.00

CITIBANK NA Unsecured NA 2,067.83 2,067.83 0.00 0.00

CITY OF CHICAGO CORPORATE COU Unsecured 160.00 NA NA 0.00 0.00

CITY OF CHICAGO DEPT OF REVENU Unsecured 120.00 146.40 146.40 0.00 0.00

CITY OF EVANSTON Unsecured 75.00 NA NA 0.00 0.00

COMENITY BANK Unsecured 114.00 NA NA 0.00 0.00

DISCOVER BANK Unsecured 1,236.00 1,254.57 1,254.57 0.00 0.00

DISCOVER BANK Unsecured 7,450.00 7,601.07 7,601.07 0.00 0.00

EVANSTON HOSPITAL Unsecured 266.00 NA NA 0.00 0.00

EVANSTON HOSPITAL Unsecured 484.00 NA NA 0.00 0.00

FOUNDATION FINANCE CO Secured 12,912.00 13,179.11 13,179.11 0.00 0.00

HARRIS & HARRIS Unsecured 200.00 NA NA 0.00 0.00

HARRIS & HARRIS Unsecured 256.44 NA NA 0.00 0.00

HARRIS & HARRIS Unsecured 651.53 NA NA 0.00 0.00

INTERNAL REVENUE SERVICE Priority 2,233.00 2,238.51 2,238.51 0.00 0.00

INTERNAL REVENUE SERVICE Priority 1,086.00 NA NA 0.00 0.00

INTERNAL REVENUE SERVICE Unsecured NA 83.12 83.12 0.00 0.00

LVNV FUNDING Unsecured 893.00 980.18 980.18 0.00 0.00

UST Form 101-13-FR-S (09/01/2009)

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Scheduled Creditors:

Creditor

Name Class

Claim

Scheduled

Claim

Asserted

Claim

Allowed

Int.

Paid

Principal

Paid

MIDLAND FUNDING Unsecured 283.00 241.80 241.80 0.00 0.00

MIDLAND FUNDING Unsecured 2,261.00 2,386.30 2,386.30 0.00 0.00

MIDLAND FUNDING Unsecured 990.00 1,047.36 1,047.36 0.00 0.00

MIDLAND FUNDING Unsecured 2,849.00 2,771.73 2,771.73 0.00 0.00

MIDLAND FUNDING Unsecured 1,964.00 2,045.27 2,045.27 0.00 0.00

MIDLAND FUNDING Unsecured 2,618.00 2,705.58 2,705.58 0.00 0.00

NATIONSTAR MORTGAGE Secured 134,867.00 133,854.73 138,057.41 0.00 0.00

NATIONSTAR MORTGAGE Secured NA 4,202.68 4,202.68 62.72 0.00

NAVIENT SOLUTIONS INC Unsecured 2,115.00 2,172.43 2,172.43 0.00 0.00

NAVIENT SOLUTIONS INC Unsecured 25,071.00 NA NA 0.00 0.00

NICOR GAS Unsecured NA 146.67 146.67 0.00 0.00

PARTNERSHIP FINANCIAL Unsecured 4,100.00 8,315.30 8,315.30 0.00 0.00

PARTNERSHIP FINANCIAL Unsecured 1,956.00 NA NA 0.00 0.00

PARTNERSHIP FINANCIAL Unsecured 1,953.00 NA NA 0.00 0.00

PINNACLE MANAGEMENT SERVICES Unsecured 385.09 NA NA 0.00 0.00

PRA RECEIVABLES MGMT Unsecured 1,493.00 1,542.84 1,542.84 0.00 0.00

PRA RECEIVABLES MGMT Unsecured 289.00 331.19 331.19 0.00 0.00

PRA RECEIVABLES MGMT Unsecured 167.00 206.20 206.20 0.00 0.00

SPRINGLEAF FINANCIAL SERVICES Unsecured 2,974.00 NA 1,323.40 0.00 0.00

SPRINGLEAF FINANCIAL SERVICES Secured 3,250.00 4,573.40 3,250.00 1,171.79 81.92

SYNCHRONY BANK Unsecured 146.00 NA NA 0.00 0.00

SYNCHRONY BANK Unsecured 2,681.00 NA NA 0.00 0.00

TARGET NATIONAL BANK Unsecured 1,019.00 1,035.91 1,035.91 0.00 0.00

TARGET NATIONAL BANK Unsecured 981.00 1,075.23 1,075.23 0.00 0.00

US DEPT OF ED NELNET Unsecured NA 10,366.70 10,366.70 0.00 0.00

US DEPT OF ED NELNET Unsecured 3,000.00 NA NA 0.00 0.00

US DEPT OF EDUCATION/NELNET Unsecured 6,964.00 NA NA 0.00 0.00

WELLS FARGO BANK NA Unsecured 331.00 374.12 374.12 0.00 0.00

WORLDS FOREMOST BANK Unsecured 1,162.00 1,218.27 1,218.27 0.00 0.00

Summary of Disbursements to Creditors:

Secured Payments:

Mortgage Ongoing

Mortgage Arrearage

Debt Secured by Vehicle

All Other Secured

TOTAL SECURED:

Priority Unsecured Payments:

Domestic Support Arrearage

Domestic Support Ongoing

All Other Priority

TOTAL PRIORITY:

GENERAL UNSECURED PAYMENTS:

Claim

Allowed

$163,327.76

$4,202.68

$15,163.99

$13,179.11

$195,873.54

$0.00

$0.00

$2,238.51

$2,238.51

$69,906.33

Principal

Paid

$0.00

$62.72

$1,171.79

$0.00

$1,234.51

$0.00

$0.00

$0.00

$0.00

$0.00

Interest

Paid

$0.00

$0.00

$81.92

$0.00

$81.92

$0.00

$0.00

$0.00

$0.00

$0.00

UST Form 101-13-FR-S (09/01/2009)

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Disbursements:

Expenses of Administration $4,235.22

Disbursements to Creditors $1,316.43

TOTAL DISBURSEMENTS : $5,551.65

12) The trustee certifies that, pursuant to Federal Rule of Bankruptcy Procedure 5009, 

the estate has been fully administered, the foregoing summary is true and complete, and all 

administrative matters for which the trustee is responsible have been completed. The trustee 

requests a final decree be entered that discharges the trustee and grants such other relief as may 

be just and proper.

Dated: 11/08/2017

STATEMENT: This Unified Form is associated with an open bankruptcy case, therefore, Paperwork Reduction 

Act exemption 5 C.F.R. § 1320.4(a)(2) applies.

By:/s/ Tom Vaughn

Trustee

UST Form 101-13-FR-S (09/01/2009)

Case 16-28069 Doc 37 Filed 11/08/17 Entered 11/08/17 09:03:12 Desc Main

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