Legal Question in Bankruptcy in Indiana
No Distribution
In a finaly ruling what does this mean? ''Trustee's Report of no distribution'' ? In a Chapter 7 filing.
Asked on 8/11/01, 10:27 am
1 Answer from Attorneys
Dorene Philpot
Philpot Law Office
Re: No Distribution
That means that there are no assets that can be attached and distributed to your creditors.
This does not mean the bankruptcy is finalized, only that the trustee has found no assets available for creditors.
Hope this helps.
Answered on 8/13/01, 12:35 pm
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