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IN RE JONES, 15-06131-RLM-7A. (2017)

Court: United States Bankruptcy Court, S.D. Indiana Number: inbco20170213290 Visitors: 2
Filed: Feb. 10, 2017
Latest Update: Feb. 10, 2017
Summary: ORDER ON MOTION TO COMPROMISE AND SETTLE (DOC. #38) ROBYN L. MOBERLY , Bankruptcy Judge . This matter came before the Court on the Trustee's Motion to Compromise and Settle. The Court, being duly advised in the premises and proper notice having been given and no objections filed, approves said Motion. Accordingly, it is ORDERED that the Trustee is hereby authorized to accept the sum of $1539.70 in full settlement, which $653.00 has been paid into the estate previously and the balance d
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ORDER ON MOTION TO COMPROMISE AND SETTLE (DOC. #38)

This matter came before the Court on the Trustee's Motion to Compromise and Settle.

The Court, being duly advised in the premises and proper notice having been given and no objections filed, approves said Motion.

Accordingly, it is

ORDERED that the Trustee is hereby authorized to accept the sum of $1539.70 in full settlement, which $653.00 has been paid into the estate previously and the balance due to the bankruptcy estate is $886.70 and the parties agree that Charles Jones, Debtor-husband, shall pay $100.00 a month commencing no later than February 1, 2017, and every month thereafter up to and until he receives his 2016 tax refunds. The Debtor-husband shall pay the remaining balance due the bankruptcy estate from his 2016 tax refund. If the 2016 tax refund is not sufficient to pay the balance owed the estate, Debtor-husband shall continue to make monthly payments of $100.00 and future tax refund payments until the balance is paid in full.

IT IS FURTHER ORDERED that if the debtor-husband defaults, the Trustee may seek the revocation of the Debtor-husband's discharge by filing a Motion with this Court and the Court may enter an Order revoking the Debtor-husband's discharge and order payment of reasonable attorney fees and court costs without further notice or hearing.

Source:  Leagle

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