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In re Jacobus
United States Bankruptcy Court, District of South Carolina
Jun 3, 2021
CHAPTER: 13
Moss & Associates, Attorneys, P.A.
ORDER DIRECTING FUNDS
An Order authorizing sale of asset was issued May 14, 2021.
The debtor received $54, 875.00 pursuant to the real estate exemption at closing. Debtor's plan is confirmed conduit and the only secured creditor is Wells Fargo Bank. No unsecured claims have been filed in this case. Therefore, all funds in excess of the debtor's exemption were paid to the Chapter 13 Trustee, Gretchen D. Holland.
The Chapter 13 Trustee shall use as much of the funds as needed to pay all remaining allowed claims (after collecting the statutory percentage fee); and any excess funds after that will be refunded to the debtor.
AND IT IS SO ORDERED.
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