Application For Payment Of Unclaimed Funds (VAED) {1340}

Form 1340 - APPLICATION FOR PAYMENT OF UNCLAIMED FUNDS. This form is used in the United States Bankruptcy Court for the Eastern District of Virginia when a claimant seeks to recover unclaimed funds that have been deposited with the court. These funds typically arise when a creditor, debtor, or other entity entitled to payment from a bankruptcy case fails to receive or cash a disbursement, and the money is subsequently held by the court. The applicant must provide detailed information regarding the claim, including the amount of funds requested, claimant’s contact information, and a history of the claim from the filing of the proof of claim to the present. The applicant must indicate the basis for their entitlement to the funds, whether as the original owner of record, a successor claimant, an attorney representing the claimant, or a representative of a deceased claimant’s estate. If the claim is based on succession or assignment, the applicant must also certify that they have attempted to notify the prior owner(s) of the claim or provide an explanation as to why such notification was not possible. Supporting documentation is required as per Local Bankruptcy Rule 3011-1, and the application must be signed under penalty of perjury. The document must be notarized to verify the applicant’s identity and prevent fraudulent claims. Additionally, the applicant must mail copies of the application and supporting documents to the United States Attorney’s Office and the Office of the United States Trustee, ensuring compliance with 28 U.S.C. § 2042 and local court rules. If no objections are filed within 21 days of service, the court may grant the application without a hearing. www.FormsWorkflow.com