FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Page No:

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

6

Sales/Funds

Received by 

the Estate

4 5

Property

 Abandoned 

OA =§ 554(a) abandon.

Estimated Net Value

(Value Determined by

Trustee,

Less Liens, Exemptions,

and Other Costs)

3

 Petition/

Unscheduled

Value

1 2

Asset Description

(Scheduled and

Unscheduled (u) Property)

Case Name:

Case No.: 24-42924

PSMD MEDICAL ASSOCIATES, P.A.

Trustee Name:

Date Filed (f) or Converted (c): 08/19/2024 (f)

For the Period Ending: §341(a) Meeting Date: 

Claims Bar Date:

09/30/2024

Shawn K. Brown

09/24/2024

12/24/2024

 1

Ref. #

1 JP Morgan Chase Checking account 9 7 5 4 $3,983.48 $3,983.48 $3,355.04 FA

2 JP Morgan Chase Checking account 5 1 0 6 $0.00 $0.00 $0.00 FA

3 Office furniture and medical equipment (see $5,110.00 $5,110.00 $0.00

attached Supplemental 1) unknown

$5,110.00

4 3600 S. Cooper St. Ste. 120 Arlington, TX $300,000.00 $300,000.00 $0.00

76015

$300,000.00

5 Internet domain names and websites $0.00 $0.00 $0.00

https://www.psmdmedical.com/ $0.00

FA

6 Customer lists, mailing lists, or other $0.00 $0.00 $0.00

compilations Patient Names and Information 

$0.00

FA

7 Goodwill Goodwill (unlikely to be transferrable) $1.00 $1.00 $0.00

$1.00

$1.00

TOTALS (Excluding unknown value) Gross Value of Remaining Assets

$309,094.48 $309,094.48 $3,355.04 $305,111.00

Major Activities affecting case closing:

Case 24-42924-elm7 Doc 19 Filed 11/08/24 Entered 11/08/24 14:08:37 Desc Main

Document Page 1 of 4
FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Page No:

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

6

Sales/Funds

Received by 

the Estate

4 5

Property

 Abandoned 

OA =§ 554(a) abandon.

Estimated Net Value

(Value Determined by

Trustee,

Less Liens, Exemptions,

and Other Costs)

3

 Petition/

Unscheduled

Value

1 2

Asset Description

(Scheduled and

Unscheduled (u) Property)

Case Name:

Case No.: 24-42924

PSMD MEDICAL ASSOCIATES, P.A.

Trustee Name:

Date Filed (f) or Converted (c): 08/19/2024 (f)

For the Period Ending: §341(a) Meeting Date: 

Claims Bar Date:

09/30/2024

Shawn K. Brown

09/24/2024

12/24/2024

 2

UPDATE 10.17.24-TRUSTEE HAS HIRED BROKER. MARKETING OF BUILDING AND EQUIPMENT ONGOING. 

ASSETS ARE BUILDING AND EQUIPMENT

MAJOR ACTIVITIES:

SECURE PROPERTY-DONE

SECURE DOCUMENTS AND DATA-DONE

CLAIMS BAR DATE SET: 9.24.24

CLAIMS REVIEW DATE:

CLAIMS OBJECTIONS FILED DATE:

FINAL ALLOWANCE DATE:

TAX RETURN 505 LETTER SENT DATE:

PROMPT DETERMINATION RECEIVED DATE:

PREFERENCE/FRAUDULENT TRANSFER REVIEW

TFR PREPARED AND SENT TO UST DATE:

TFR APPROVED AND FILED DATE:

FEE APPLICATIONS FILED DATE:

TFR FINAL AND CHECKS MAILED DATE:

ZERO BALANCE DATE:

TDR SENT TO UST DATE:

TDR FILED DATE:

10/17/2024

Initial Projected Date Of Final Report (TFR): 12/31/2026 Current Projected Date Of Final Report (TFR): /s/ SHAWN K. BROWN

SHAWN K. BROWN

Case 24-42924-elm7 Doc 19 Filed 11/08/24 Entered 11/08/24 14:08:37 Desc Main

Document Page 2 of 4
7

Balance

6

Disbursement

$

5

Deposit

$

1

Transaction

Date

2

Check /

Ref. #

Uniform

Tran Code

4

Description of Transaction

3

Paid to/

Received From

Page No: FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name:

Case No. Trustee Name: 

Bank Name:

Co-Debtor Taxpayer ID #: 

Primary Taxpayer ID #:

Account Title:

Checking Acct #:

For Period Beginning:

For Period Ending:

Blanket bond (per case limit):

Separate bond (if applicable):

24-42924

PSMD MEDICAL ASSOCIATES, P.A.

Shawn K. Brown

$300,000.00 

******0063

Pinnacle Bank

 1

10/01/2023

09/30/2024

**-***1169

09/30/2024 (1) PSMD Medical Associates P.A. Bank funds turnover 1129-000 $3,355.04 $0.00 $3,355.04 

TOTALS:

Less: Bank transfers/CDs

Subtotal

Less: Payments to debtors

Net

$3,355.04 $0.00 

$0.00 $0.00 

$3,355.04 $0.00 

$0.00 $0.00 

$3,355.04 $0.00 $3,355.04 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements:

$3,355.04 

$0.00 

$3,355.04 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

$3,355.04 

$0.00 

$0.00 

$0.00 

$3,355.04 

$0.00 

$0.00 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements: $0.00 

For the period of 10/01/2023 to 09/30/2024 For the entire history of the account between 09/30/2024 to 9/30/2024

Case 24-42924-elm7 Doc 19 Filed 11/08/24 Entered 11/08/24 14:08:37 Desc Main

Document Page 3 of 4
7

Balance

6

Disbursement

$

5

Deposit

$

1

Transaction

Date

2

Check /

Ref. #

Uniform

Tran Code

4

Description of Transaction

3

Paid to/

Received From

Page No: FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name:

Case No. Trustee Name: 

Bank Name:

Co-Debtor Taxpayer ID #: 

Primary Taxpayer ID #:

Account Title:

Checking Acct #:

For Period Beginning:

For Period Ending:

Blanket bond (per case limit):

Separate bond (if applicable):

24-42924

PSMD MEDICAL ASSOCIATES, P.A.

Shawn K. Brown

$300,000.00 

******0063

Pinnacle Bank

 2

10/01/2023

09/30/2024

**-***1169

TOTAL - ALL ACCOUNTS NET DEPOSITS DISBURSE

NET

BALANCES

ACCOUNT

$3,355.04 $0.00 $3,355.04 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements:

$3,355.04 

$0.00 

$3,355.04 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

$3,355.04 

$0.00 

$0.00 

$0.00 

$3,355.04 

$0.00 

$0.00 

Total Internal/Transfer Disbursements: $0.00 

/s/ SHAWN K. BROWN

SHAWN K. BROWN

For the period of 10/01/2023 to 09/30/2024 For the entire history of the account between 09/30/2024 to 9/30/2024

Case 24-42924-elm7 Doc 19 Filed 11/08/24 Entered 11/08/24 14:08:37 Desc Main

Document Page 4 of 4