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I received a notice and summary of the Trustees Final Report and Accounting. How long will it be before I receive payment on my claim?

April 26, 2017Accounting claim final Notice payment received report summary Trustee

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I received a notice and summary of the Trustees Final Report and Accounting. How long will it be before I receive payment on my claim?

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Once a trustee has sent out the Final Report and Accounting, the Court allows time for possible objections, and, if an objection is filed, may set a hearing. If the objection is resolved or the Final Report is otherwise approved, the trustee may then make distributions to creditors. Generally, trustees distribute funds to creditors six to eight weeks after they send out the notice of the Final Report and Accounting, but that period may be longer. If you have questions, contact the Chapter 7 trustee.