Clinton Township, MI asked in Bankruptcy for Michigan

Q: What happens if the trustee didnt file the final report for distribution of assets before the due date?

My Chapter 7 has been reopened due to receiving assets, the judge ordered trustee to file final report on June 1, 2019 but I havent gotten any information since then and the status of the case is still "awaiting trustee's report"

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2 Lawyer Answers
Thomas. R. Morris
Thomas. R. Morris
Answered
  • Bankruptcy Lawyer
  • Farmington Hills, MI
  • Licensed in Michigan

A: There is not usually a deadline, and the order is unusual. It is probably up to you to enforce the order, and ask for the court to impose a consequence.

Mark Bredow
Mark Bredow
Answered
  • Bankruptcy Lawyer
  • Bloomfield Hills, MI
  • Licensed in Michigan

A: There likely no real consequence. It's possible the T received an extension. If the delay benefits creditors without impairing your rights the court won't sanction. You may wish to look into filing a motion to compel the trustee to abandon the assets to you. An attorneys review is recommended.

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