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Oklahoma Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate

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Multi-State
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US-0445LTR
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Word; 
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This form is a sample letter in Word format covering the subject matter of the title of the form.

Dear [Bankruptcy Trustee's Name], I am writing to submit the necessary documentation for the discharge of debtor and request the approval of the trustee's report of no distribution in accordance with the bankruptcy laws of Oklahoma. This letter serves as a formal request to close the estate. As the trustee overseeing this bankruptcy case, I have carefully examined the filer's financial records and verified that there are no remaining assets or funds available for distribution to creditors. Hence, I kindly request the court's approval to discharge the debtor and formally close the estate. To support this request, I have enclosed the following documents for your review: 1. Trustee's Report of No Distribution: This report provides a detailed summary of the debtor's assets, liabilities, and the distributions made to creditors throughout the bankruptcy process. The report clearly illustrates that there are no remaining funds or assets to be distributed. 2. Final Account Statement: This comprehensive account statement reflects the closing balance of the debtor's estate. It includes all income received, expenses paid, and any final adjustments made during the bankruptcy proceedings. 3. Notice to Creditors: This document serves as evidence that all creditors have been properly notified of the deadline to file claims and have been given sufficient opportunity to submit their claims for consideration. 4. Discharge Request: This form outlines the debtor's request for a discharge and includes a detailed summary of their financial situation. It is supported by all required supporting documentation, including tax returns, pay stubs, and financial statements. 5. Supporting Financial Documents: Along with the discharge request form, I have included all necessary financial statements, tax returns, and related documents to provide a comprehensive overview of the debtor's financial situation. Based on the information provided, I kindly request your approval to discharge the debtor and close the estate. I trust that my thorough examination of the debtor's financial records, along with the attached documentation, demonstrates the debtor's compliance with all applicable bankruptcy laws in Oklahoma. Thank you for your time and attention to this matter. Should you require any additional information or documentation, please do not hesitate to contact me. Sincerely, [Your Name] [Your Title/Position]

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A Report of No Distribution (NDR), lets the court and all interested parties know that the trurstee is not paying out money in a bankruptcy case to creditors. If the trustee files an NDR in your case, the court will close your bankruptcy case shortly after entering a discharge.

This order means that no one may make any attempt to collect a discharged debt from the debtors personally. For example, creditors cannot sue, garnish wages, assert a deficiency, or otherwise try to collect from the debtors personally on discharged debts.

Closed Without a Discharge Cases are closed without discharge when the debtor does not complete the required debtor education required as a condition of discharge. The court may also close your case without discharge if you failed the last step for getting rid of debt. Your filing may not have been filed timely.

The Trustee's Report of No Distribution, or NDR, lets the court and all interested parties know that no money will be paid to creditors. If a NDR is filed, the court will close the bankruptcy case shortly after the discharge has been entered. Unfortunately, you can only find the NDR by reviewing your case docket.

Whether the trustee can take money you receive after filing your case depends on whether you were entitled to the money at the time your case was filed and how it was listed on your forms, if at all.

Your Chapter 7 discharge order will be granted between 60 - 90 days after your 341 meeting. The earliest your discharge can be entered is after the deadline to object to your discharge has passed. You can find this date on your Form 309A under ?Deadlines.?

A trustee is appointed to take control of certain assets of the debtor, bring these assets into the estate, and sell or distribute these assets for the benefit of creditors. Some assets will remain with the debtor if these assets are determined to be exempt from distribution to creditors.

A discharge releases a debtor from personal liability of certain debts known as dischargeable debts, and prevents the creditors owed those debts from taking any action against the debtor or the debtor's property to collect the debts.

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Mar 29, 2022 — The Trustee's Report of No Distribution, or NDR, lets the court and all interested parties know that no money will be paid to creditors. The Personal Representative must file a final account, report and petition for final distribution, have the petition set for hearing, give notice of the hearing ...If [Name of Debtor] successfully completes this bankruptcy case and receives a discharge from other debts, I will send you another letter providing additional ... Use US Legal Forms to obtain a printable Sample Letter regarding Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate. Use US Legal Forms to get a printable Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate. if the court finds and adjudicates that such objection has no merit, the court shall enter an order distributing the Oklahoma property in. Oklahoma Statutes ... Trustee's Report of No Distribution: I report that I have neither received any property nor paid any money on account of this estate except exempt property, ... Jun 15, 2015 — In a chapter 11 case, the debtor-in-possession or trustee must file and serve a final report and a motion for entry of final decree (Local ... What is a discharge in bankruptcy? A bankruptcy discharge releases the debtor from personal liability for certain specified types of debts. Stockholder and commodity brokers are not eligible to file a Chapter 11 petition. The court may appoint a trustee or may allow the debtor to "remain in ...

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Oklahoma Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate