Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate in Arkansas [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Name of the Judge] [Judge’s Designation] [Name of the Court] [Address of the Court] [City, State, ZIP Code] Re: Case No. [Case Number] Dear Honorable [Judge’s Last Name], I, [Your Name], the assigned Trustee in the above-referenced bankruptcy case, am I writing to request the discharge of the debtor and the order approving the Trustee's report of no distribution, indicating the closing of the estate. First and foremost, I would like to express my gratitude for the opportunity to serve as the Trustee in this bankruptcy case. Throughout the proceedings, I have diligently fulfilled my duties and responsibilities as mandated by the United States Bankruptcy Code and within the boundaries of Arkansas state law. Pursuant to Section 521(a)(6) of the Bankruptcy Code and Rule 4004 of the Arkansas Bankruptcy Rules, I have sent a Notice of Final Cure Payment to all the creditors involved in this case. The deadline for objections to the Final Cure Payment has passed, and no objections have been filed, signifying that all obligations have been satisfied. Furthermore, I have conducted a thorough review of the debtor's financial records, assets, and liabilities. Based on my careful examination, it has been determined that there are no remaining funds or assets to distribute to the creditors. Consequently, I hereby submit the Trustee's report of no distribution to the court. According to Rule 5010(d) of the Arkansas Bankruptcy Rules, notice of intent to close the estate has been given to all interested parties. The deadline for filing objections regarding the closing of the estate has expired, and no objections have been received. Therefore, it is my recommendation that the estate be closed. I kindly request that you review the enclosed Trustee's report of no distribution, along with all supporting documentation, and consider signing the proposed order approving the report and discharging the debtor. Your honor, the debtor has met all the requirements and obligations stipulated in the Bankruptcy Code, and the estate has been thoroughly administered. Therefore, I believe the debtor is entitled to a discharge, and the case should be officially closed. I appreciate your attention to this matter and your prompt consideration of my request. If you require any additional information or documents, please do not hesitate to contact me. Thank you for your time and assistance. Yours sincerely, [Your Name] [Your Title] [Case Name: In re [Debtor's Name]] [Case No. [Case Number]] Enclosure: Trustee's Report of No Distribution
Arkansas Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate
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When you file for bankruptcy or make a consumer proposal, your debts are discharged, including taxes, credit cards, late bills, lines of credit and personal loans. Under the Bankruptcy and Insolvency Act, only the following debts are not discharged: Fines, penalties or offenses. Alimony and child support.
The Process of a Debt Discharge The bankruptcy court will look at your plan and decide whether it is fair and in ance with the law. You will also need to work with a trustee who will distribute these payments to the creditors. The trustee will pay creditors ing to priority.
Discharge (of debts) refers to the process in bankruptcy court, when a debtor is no longer liable for their debts, and the lender is no longer allowed to make attempts to collect the debt. The court will issue a decision to discharge debts.
From filing to discharge (wiping out debts), Chapter 7 bankruptcy cases typically take 4-6 months. As far as personal bankruptcies go, Chapter 7 is the fastest. By comparison, Chapter 13 can take up to five years because a repayment plan is involved.
In consideration for the payment made on [MM/DD/YYYY], I, [SENDER NAME], hereby acknowledge that [RECIPIENT NAME] has made full and complete payment and is hereby released and discharged of all debts, monies, bills, bonds, damages, including all interest and liabilities, and other financial obligations that arose from ...
