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The NFR and TFR do not provide space to propose payment of debtor exemptions and non-estate funds to third parties. Are trustees now required to make these payments prior to submitting the TFR?

April 26, 2017debtor exemptions funds NFR payment propose tfr

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The NFR and TFR do not provide space to propose payment of debtor exemptions and non-estate funds to third parties. Are trustees now required to make these payments prior to submitting the TFR?

1 Answer

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Yes. The trustee should not wait until the end of the case to disburse these funds. Non-estate property, including exemptions, should be returned to the debtor or third-parties without delay.