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  1. #1

    Question What happens to non-disbursed funds?

    BK 7 discharged 4/05. Checked pacer and final report by trustee. Question...What happens to monies paid ($4,139.00}to trustee after he recieves his compensation ($1150.00) & Appraiser $475.00. No disbursments to creditors have been made and request to close account holding money? That leaves approx. $2,539.00. What happenes to that money?

  2. #2
    Join Date
    Sep 2005
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    Default Re: What happens to non-disbursed funds?

    If all creditors and administrative expenses have been paid, and the final order of discharge has been entered, the debtor should consider petitioning for the return of the remaining funds.

  3. #3

    Default Re: What happens to non-disbursed funds?

    Thank you for your response.

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