Last updated: 12/7/2021
Notice Of Trustees Summary Final Report Trustees Motion To Consolidate (Buffalo)
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Description
NOTICE OF TRUSTEE'S SUMMARY OF FINAL REPORT AND ACCOUNT AND TRUSTEE’S MOTION FOR SUBSTANTIVE CONSOLIDATION (if applicable). This form is used to notify the debtor(s), creditors, and other parties in interest about the trustee's summary of the final report and account in a Chapter 7 bankruptcy case, along with a motion for substantive consolidation if applicable. The notice includes information on whether claims of general unsecured creditors have been allowed, whether distribution will not reach unsecured creditors due to the exhaustion of funds by administrative expenses, liens, and priority claims, and if the debtor(s) has been discharged. It also explains the implications of substantive consolidation, which combines the assets of the debtor and joint debtor into a single pool for distribution among all creditors. The form sets a deadline for filing objections to the report, after which the funds will be disbursed without further notice. www.FormsWorkflow.com
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