Madsen's 1999 Bankruptcy - Trustees Final Report June 2011

UNITED STATES BANKRUPTCY COURT
DISTRICT OF ARIZONA
In re: MADSEN-KLEINSTRUP, JORGEN
AKA: MADSEN, JOHN
Case No. 99-10405-PHX-SSC
Debtor(s)
TRUSTEE'S FINAL REPORT (TFR)

The undersigned trustee hereby makes this Final Report and states as follows:
1. A petition under Chapter 7 of the United States Bankruptcy Code
was filed on August 30, 1999. The undersigned trustee was appointed on August 30, 1999.
2. The trustee faithfully and properly fulfilled the duties enumerated in 11 U.S.C. 704.
3. All scheduled and known assets of the estate have been reduced to cash, released to
the debtor as exempt property pursuant to 11 U.S.C. 522, or have been or will be abandoned
pursuant to 11 U.S.C. 554. An individual estate property record and report showing the
disposition of all property of the estate is attached as Exhibit A.
4. The trustee realized the gross receipts of
57,037.49
Funds were disbursed in the following amounts:

Payments made under an
interim distribution
Administrative expenses
Other payments to creditors
Non-estate funds paid to 3rd Parties
Exemptions paid to the debtor
Other payments to the debtor
Leaving a balance on hand of
0.00
28,181.36
0.00
0.00
0.00
0.00
$
28,856.13
The remaining funds are available for distribution.

5. Attached as Exhibit B is a cash receipts and disbursements record for each estate bank
account.
1 The balance of funds on hand in the estate may continue to earn interest until disbursed. The interest
earned prior to disbursement will be distributed pro rata to creditors within each priority category. The trustee may
receive additional compensation not to exceed the maximum compensation set forth under 11 U.S.C. 326(a) on
account of the disbursement of the additional interest.
UST Form 101-7-TFR (10/1/2010)
Case 2:99-bk-10405-SSC
Doc 142 Filed 06/27/11 Entered 06/27/11 10:47:13

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Page 1 of 13
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6. The deadline for filing non-governmental claims in this case was 12/22/2001
and the deadline for filing governmental claims was 02/26/2000. All claims of each class
which will receive a distribution have been examined and any objections to the allowance
of claims have been resolved. If applicable, a claims analysis, explaining why payment on any
claim is not being made, is attached as Exhibit C .
7. The Trustee's proposed distribution is attached as Exhibit D .
8. Pursuant to 11 U.S.C. 326(a), the maximum compensation allowable to the trustee is
$6,094.74. To the extent that additional interest is earned before case closing, the maximum
compensation may increase.
The trustee has received $0.00 as interim compensation and now requests the
sum of $6,094.74, for a total compensation of $6,094.74. 2In addition, the trustee
received reimbursement for reasonable and necessary expenses in the amount of $0.00
and now requests reimbursement for expenses of $8,007.46, for total expenses of
2
$8,007.46.
Pursuant to Fed R Bank P 5009, I hereby certify, under penalty of perjury, that the
foregoing report is true and correct.
Date: 05/23/2011
By:/s/ROBERT P. ABELE
Trustee
STATEMENT: This Uniform Form is associated with an open bankruptcy case, therefore, Paperwork Reduction
Act exemption 5 C.F.R. 1320.4(a)(2) applies.
2 If the estate is administratively insolvent, the dollar amounts reflected in this paragraph
may be higher than the amounts listed in the Trustee's Proposed Distribution (Exhibit D)
UST Form 101-7-TFR (10/1/2010)

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Exhibit A
Form 1
Page: 1
Individual Estate Property Record and Report

Asset Cases
Case Number: 99-10405-PHX-SSC
Trustee:
Case Name:
Filed (f) or Converted (c): 08/30/99 (f)
MADSEN-KLEINSTRUP, JORGEN
AKA: MADSEN, JOHN
Period Ending: 05/23/11
(240210)
ROBERT P. ABELE
341(a) Meeting Date:
10/15/99
Claims Bar Date:
12/22/01
Asset Description
(Scheduled And Unscheduled (u) Property)
Petition/
Unscheduled
Values
Estimated Net Value

(Value Determined By Trustee,
Less Liens, Exemptions,
and Other Costs)
Property
Abandoned
OA=554(a)
DA=554(c)
Sale/Funds
Received by
the Estate
Asset Fully
Administered (FA)/
Gross Value of
Remaining Assets
Ref. #
1
8812 N. 65TH ST., PARADISE VALLEY, AZ
1,400,000.00
Unknown
25,829.34
FA
CASH ON HAND
500.00
0.00
0.00
FA
HOUSEHOLD GOODS AND FURNISHINGS
950.00
0.00
0.00
FA
BOOKS AND ART OBJECTS
600.00
0.00
0.00
FA
WEARING APPAREL
500.00
0.00
0.00
FA
FURS AND JEWELERY
400.00
0.00
0.00
FA
FIREARMS AND HOBBY EQUIPMENT
100.00
0.00
0.00
FA
LOAN FROM WM. GIVEN
6,500.00
Unknown
0.00
FA
OTHER LIQUIDATED DEBTS OWING DEBTOR (u)
24,000.00
Unknown
0.00
FA
10
SETTLEMENT (GREG CLARK)
5,000.00
5,000.00
5,000.00
FA
11
PERSONAL PROPERTY (NOT ORIGINALLY
56,360.00
Unknown
0.00
FA
25,000.00
25,000.00
25,000.00
FA
75.00
75.00
75.00
FA
Unknown
N/A
1,133.15
FA
$1,519,985.00
$30,075.00
$57,037.49
$0.00
LISTED)
12
SETTLEMENT PAYMENT PER 11/16/01 COURT

ORDER
13
STOCK AND BUSINESS INTERESTS (u)
14
INTEREST (u)
14
Assets
Totals (Excluding unknown values)
Major Activities Affecting Case Closing:

FILE AMENDED TFR BY 02/28/11
Initial Projected Date Of Final Report (TFR):
December 30, 2000
Current Projected Date Of Final Report (TFR):
February 28, 2011 (Actual)
06/27/2011 10:40
AM
Doc 142 Filed 06/27/11 Entered 06/27/11Printed:
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Page 3 of 13
V.12.56
Exhibit B
Form 2
Page: 1
Cash Receipts And Disbursements Record

Case Number:
99-10405-PHX-SSC
Trustee:
ROBERT P. ABELE (240210)
Case Name:
Bank Name:
JPMORGAN CHASE BANK, N.A.
AKA: MADSEN, JOHN
Account:
***-*****35-65 - Money Market Account
**-***4194
Blanket Bond:
$50,000,000.00 (per case limit)
Taxpayer ID #:

1
Trans.
Date
{Ref #} /
Check #
12/06/00
{1}
Separate Bond: N/A

3
Paid To / Received From
Description of Transaction
T-Code
CAPITAL TITLE
SETTLEMENT (RELEASE OF EARNEST
AGENCY-ESCROW ACCT.
MONEY FUNDS PER COURT ORDER)ON
Receipts
$
Disbursements
$
Money Market
Account Balance
1149-000
25,829.34
25,829.34
36.87
25,866.21
8812 N. 65TH ST. , PARADISE VALLEY

12/29/00
{14}
01/16/01
01/31/01
{14}
02/27/01
THE CHASE MANHATTAN BANK
Interest posting at 2.1500%
1270-000
To Account #********3566
TRANSFER TO CHECKING
9999-000
1270-000
150.00
44.69
25,716.21
25,760.90
To Account #********3566
9999-000
02/28/01
{14}
1270-000
34.19
21,361.29
4,399.61
4,433.80
03/30/01
{14}
1270-000
6.47
4,440.27
04/30/01
{14}
1270-000
6.12
4,446.39
05/31/01
{14}
1270-000
6.05
4,452.44
06/29/01
{14}
1270-000
5.63
4,458.07
07/31/01
{14}
1270-000
5.68
4,463.75
08/31/01
{14}
1270-000
5.69
4,469.44
09/28/01
{14}
1270-000
5.19
4,474.63
10/26/01
{13}
OSBORN MALEDON, P.A.
CV97-13441 AZ PAINT DOC (REFUND OF
1290-000
75.00
4,549.63
10/31/01
{14}
1270-000
4.52
4,554.15
11/30/01
{14}
1270-000
4.02
4,558.17
12/31/01
{14}
1270-000
4.07
4,562.24
01/14/02
{10}
COMPASS BANK - GREG CLARK
SETTLEMENT
1149-000
5,000.00
9,562.24
01/31/02
{12}
INTERNATIONAL GLOBAL
PARTIAL PMT. ON COMPROMISE OF CLAIM
1149-000
10,000.00
19,562.24
POSITIONING INC.
PER AMENDED ORDER (11/16/01)
01/31/02
{14}
1270-000
5.94
19,568.18
02/13/02
{12}
NICK RAYES
PARTIAL-PMT. ON COMPROMISE OF CLAIM 1149-000
10,000.00
29,568.18
15.87
29,584.05
BOND)

02/28/02
{14}
1270-000
03/29/02
{14}
1270-000
21.36
29,605.41
04/27/02
{12}
NICK RAYES
PARTIAL-PMT. ON COMPROMISE OF CLAIM 1149-000
5,000.00
34,605.41
04/30/02
{14}
1270-000
20.69
34,626.10
05/14/02
To Account #********3566
TRANSFER TO CHECKING ACCT.
9999-000
1,065.50
33,560.60
05/14/02
To Account #********3566
9999-000
125.49
33,435.11
05/14/02
To Account #********3566
9999-000
3,400.00
30,035.11
05/14/02
To Account #********3566
9999-000
114.21
29,920.90
05/31/02
{14}
JPMORGAN CHASE BANK
1270-000
22.29
29,943.19
06/28/02
{14}
JPMORGAN CHASE BANK
1270-000
19.69
29,962.88
Subtotals :
{} Asset reference(s)
$56,179.37
$26,216.49

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Page 4 of 13
V.12.56
Exhibit B
Form 2
Page: 2

Case Number:
99-10405-PHX-SSC
Trustee:
Case Name:
Bank Name:
AKA: MADSEN, JOHN
Account:
**-***4194
Blanket Bond:
$50,000,000.00 (per case limit)
Taxpayer ID #:
Separate Bond: N/A
Trans.
Date
{Ref #} /
Check #
07/31/02
{14}
JPMORGAN CHASE BANK
1270-000
20.37
29,983.25
08/30/02
{14}
JPMORGAN CHASE BANK
1270-000
19.10
30,002.35
09/30/02
{14}
JPMORGAN CHASE BANK
1270-000
18.50
30,020.85
10/31/02
{14}
JPMORGAN CHASE BANK
1270-000
19.13
30,039.98
11/29/02
{14}
JPMORGAN CHASE BANK
1270-000
12.46
30,052.44
12/31/02
{14}
JPMORGAN CHASE BANK
1270-000
10.98
30,063.42
01/31/03
{14}
JPMORGAN CHASE BANK
1270-000
10.98
30,074.40
02/28/03
{14}
JPMORGAN CHASE BANK
1270-000
9.92
30,084.32
03/31/03
{14}
JPMORGAN CHASE BANK
1270-000
10.52
30,094.84
04/30/03
{14}
JPMORGAN CHASE BANK
1270-000
9.90
30,104.74
05/30/03
{14}
JPMORGAN CHASE BANK
1270-000
10.23
30,114.97
06/30/03
{14}
JPMORGAN CHASE BANK
1270-000
8.33
30,123.30
07/31/03
{14}
JPMORGAN CHASE BANK
1270-000
7.68
30,130.98
08/29/03
{14}
JPMORGAN CHASE BANK
1270-000
6.40
30,137.38
09/30/03
{14}
JPMORGAN CHASE BANK
1270-000
6.19
30,143.57
10/31/03
{14}
JPMORGAN CHASE BANK
1270-000
5.78
30,149.35
11/28/03
{14}
JPMORGAN CHASE BANK
1270-000
4.96
30,154.31
12/31/03
{14}
JPMORGAN CHASE BANK
1270-000
5.12
30,159.43
01/30/04
{14}
JPMORGAN CHASE BANK
1270-000
5.11
30,164.54
02/27/04
{14}
JPMORGAN CHASE BANK
1270-000
4.78
30,169.32
03/31/04
{14}
JPMORGAN CHASE BANK
1270-000
4.70
30,174.02
04/30/04
{14}
JPMORGAN CHASE BANK
1270-000
3.71
30,177.73
To Account #********3566
9999-000
05/24/04
3
4
T-Code
Receipts
$
Disbursements
$
Money Market
Account Balance
1,964.87
28,212.86
05/28/04
{14}
JPMORGAN CHASE BANK
1270-000
3.78
28,216.64
06/30/04
{14}
JPMORGAN CHASE BANK
1270-000
3.47
28,220.11
07/30/04
{14}
JPMORGAN CHASE BANK
1270-000
3.59
28,223.70
08/31/04
{14}
JPMORGAN CHASE BANK
1270-000
4.40
28,228.10
09/30/04
{14}
JPMORGAN CHASE BANK
1270-000
4.63
28,232.73
10/29/04
{14}
JPMORGAN CHASE BANK
1270-000
5.01
28,237.74
11/30/04
{14}
JPMORGAN CHASE BANK
1270-000
5.79
28,243.53
12/31/04
{14}
JPMORGAN CHASE BANK
1270-000
5.98
28,249.51
01/31/05
{14}
JPMORGAN CHASE BANK
1270-000
7.08
28,256.59
02/28/05
{14}
JPMORGAN CHASE BANK
1270-000
6.74
28,263.33
03/31/05
{14}
JPMORGAN CHASE BANK
1270-000
8.40
28,271.73
04/29/05
{14}
1270-000
8.13
28,279.86
05/31/05
{14}
1270-000
8.41
28,288.27
06/30/05
{14}
1270-000
9.03
28,297.30
Subtotals :
$299.29
$1,964.87

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Page 5 of 13
V.12.56
Exhibit B
Form 2
Page: 3

Case Number:
99-10405-PHX-SSC
Trustee:
Case Name:
Bank Name:
AKA: MADSEN, JOHN
Account:
**-***4194
Blanket Bond:
$50,000,000.00 (per case limit)
Taxpayer ID #:
Separate Bond: N/A
Trans.
Date
{Ref #} /
Check #
07/29/05
{14}
1270-000
9.81
28,307.11
08/31/05
{14}
1270-000
10.82
28,317.93
09/30/05
{14}
1270-000
11.14
28,329.07
10/31/05
{14}
1270-000
12.30
28,341.37
11/30/05
{14}
1270-000
12.81
28,354.18
12/30/05
{14}
1270-000
14.18
28,368.36
01/31/06
{14}
1270-000
15.98
28,384.34
02/28/06
{14}
1270-000
15.25
28,399.59
03/31/06
{14}
1270-000
16.89
28,416.48
04/28/06
{14}
1270-000
17.99
28,434.47
05/31/06
{14}
1270-000
19.33
28,453.80
06/30/06
{14}
1270-000
18.72
28,472.52
07/31/06
{14}
1270-000
19.35
28,491.87
08/31/06
{14}
1270-000
19.37
28,511.24
09/29/06
{14}
1270-000
18.12
28,529.36
10/31/06
{14}
1270-000
20.00
28,549.36
11/30/06
{14}
1270-000
18.76
28,568.12
12/29/06
{14}
1270-000
18.15
28,586.27
01/31/07
{14}
1270-000
19.06
28,605.33
02/28/07
{14}
1270-000
14.25
28,619.58
03/30/07
{14}
1270-000
15.28
28,634.86
04/30/07
{14}
1270-000
15.80
28,650.66
05/31/07
{14}
1270-000
15.80
28,666.46
06/29/07
{14}
1270-000
14.79
28,681.25
07/31/07
{14}
1270-000
16.33
28,697.58
08/31/07
{14}
1270-000
15.83
28,713.41
09/28/07
{14}
1270-000
14.31
28,727.72
10/31/07
{14}
1270-000
16.87
28,744.59
11/30/07
{14}
1270-000
14.95
28,759.54
12/31/07
{14}
1270-000
14.64
28,774.18
01/31/08
{14}
1270-000
13.15
28,787.33
02/29/08
{14}
1270-000
5.90
28,793.23
03/31/08
{14}
1270-000
5.34
28,798.57
04/30/08
{14}
1270-000
4.01
28,802.58
05/30/08
{14}
1270-000
3.60
28,806.18
06/30/08
{14}
1270-000
3.66
28,809.84
07/31/08
{14}
1270-000
3.66
28,813.50
T-Code
Subtotals :
Receipts
$
Disbursements
$
Money Market
Account Balance
$516.20
$0.00

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Page 6 of 13
V.12.56
Exhibit B
Form 2
Page: 4

Case Number:
99-10405-PHX-SSC
Trustee:
Case Name:
Bank Name:
AKA: MADSEN, JOHN
Account:
**-***4194
Blanket Bond:
$50,000,000.00 (per case limit)
Taxpayer ID #:
Separate Bond: N/A
Trans.
Date
{Ref #} /
Check #
08/29/08
{14}
1270-000
3.42
28,816.92
09/30/08
{14}
1270-000
3.78
28,820.70
10/31/08
{14}
1270-000
3.14
28,823.84
11/28/08
{14}
1270-000
2.26
28,826.10
12/31/08
{14}
1270-000
2.04
28,828.14
01/30/09
{14}
1270-000
1.17
28,829.31
02/27/09
{14}
1270-000
1.09
28,830.40
03/31/09
{14}
1270-000
1.25
28,831.65
04/30/09
{14}
1270-000
1.17
28,832.82
05/29/09
{14}
1270-000
1.13
28,833.95
06/30/09
{14}
1270-000
1.25
28,835.20
07/31/09
{14}
1270-000
1.21
28,836.41
08/31/09
{14}
1270-000
1.21
28,837.62
09/30/09
{14}
1270-000
1.17
28,838.79
10/30/09
{14}
1270-000
1.17
28,839.96
11/30/09
{14}
1270-000
1.21
28,841.17
12/31/09
{14}
1270-000
1.21
28,842.38
01/29/10
{14}
1270-000
1.13
28,843.51
02/26/10
{14}
1270-000
1.09
28,844.60
03/31/10
{14}
1270-000
1.29
28,845.89
04/06/10
{14}
Current Interest Rate is 0.0500%
1270-000
0.19
28,846.08
Wire out to BNYM account
Wire out to BNYM account 9200******3565
9999-000
-28,846.08
0.00
04/06/10
4
T-Code
Receipts
$
Disbursements
$
Money Market
Account Balance
9200******3565
ACCOUNT TOTALS
Less: Bank Transfers
Subtotal
28,181.36
28,181.36
-28,846.08
28,181.36
57,027.44
0.00
$57,027.44
$0.00
Less: Payments to Debtors

NET Receipts / Disbursements
Case
2:99-bk-10405-SSC
$0.00
0.00

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Main Document
Page 7 of 13
V.12.56
Exhibit B
Form 2
Page: 5

Case Number:
99-10405-PHX-SSC
Trustee:
Case Name:
Bank Name:
AKA: MADSEN, JOHN
Account:
***-*****35-66 - Checking Account
**-***4194
Blanket Bond:
$50,000,000.00 (per case limit)
Taxpayer ID #:

1
Trans.
Date
{Ref #} /
Check #
01/15/01
101
Separate Bond: N/A

3
CLERK, U.S. BANKRUPTCY
4
T-Code
ADVERSARY FILING FEE
2700-000
Receipts
$
Disbursements
$
Checking
Account Balance
150.00
-150.00
COURT
01/16/01
From Account #********3565
9999-000
150.00
0.00
02/27/01
9999-000
21,361.29
21,361.29
02/27/01
102
CROSS & MEDA, P.L.C.
ATTNY FEES PER COURT ORDER (2/23/01)
3210-000
20,387.50
973.79
02/27/01
103
EXPENSES PER COURT ORDER (2/23/01)
3220-000
973.79
0.00
05/14/02
9999-000
05/14/02
05/14/02

05/14/02
05/14/02
104
1,065.50
1,065.50
9999-000
125.49
1,190.99
9999-000
3,400.00
4,590.99
9999-000
114.21
LEGAL FEES - PAID PER COURT ORDER
3210-000
1,065.50
3,639.70
3220-000
125.49
3,514.21
3210-000
3,400.00
114.21
3220-000
114.21
0.00
4,705.20
DATED 2/22/02
05/14/02
105
LEGAL EXPENSES - PAID PER COURT

ORDER DATED 2/22/02
05/14/02
106
LEGAL FEES - PAID PER COURT ORDER

DATED 2/22/02
05/14/02
107
LEGAL EXPENSES - PAID PER COURT

ORDER DATED 2/22/02
05/24/04
05/26/04
05/26/04
108
109
9999-000
1,964.87
1,964.87
PORTER ROGERS DAHLMAN &
FEES FOR SPECIAL COUNSEL (PER
3210-600
1,645.00
319.87
GORDON
COURT ORDER 3/18/04)
PORTERROGERS DAHLMAN &
EXPENSES FOR SPECIAL COUNSEL
3220-610
319.87
0.00
28,181.36
28,181.36
$0.00
28,181.36
0.00
0.00
28,181.36
$0.00
$28,181.36
GORDON
ACCOUNT TOTALS
Subtotal
Case
2:99-bk-10405-SSC
0.00

10:47:13
Desc
06/27/2011 10:40
AM
Main Document
Page 8 of 13
V.12.56
Exhibit B
Form 2
Page: 6

Case Number:
99-10405-PHX-SSC
Trustee:
Case Name:
Bank Name:
The Bank of New York Mellon
AKA: MADSEN, JOHN
Account:
9200-******35-65 - Money Market Account
**-***4194
Blanket Bond:
$50,000,000.00 (per case limit)
Taxpayer ID #:

1
Trans.
Date
{Ref #} /
Check #
04/06/10
Separate Bond: N/A

3
4
Wire in from JPMorgan Chase Bank,
Wire in from JPMorgan Chase Bank, N.A.
N.A. account ********3565
account ********3565
T-Code
Receipts
$
Disbursements
$
Money Market
Account Balance
9999-000
28,846.08
28,846.08
04/30/10
{14}
1270-000
1.38
28,847.46
05/28/10
{14}
1270-000
1.71
28,849.17
06/30/10
{14}
1270-000
1.66
28,850.83
07/30/10
{14}
1270-000
1.72
28,852.55
08/31/10
{14}
1270-000
1.71
28,854.26
09/30/10
{14}
1270-000
0.23
28,854.49
10/29/10
{14}
1270-000
0.24
28,854.73
11/30/10
{14}
1270-000
0.23
28,854.96
12/31/10
{14}
1270-000
0.24
28,855.20
01/31/11
{14}
1270-000
0.24
28,855.44
02/28/11
{14}
1270-000
0.22
28,855.66
03/31/11
{14}
1270-000
0.24
28,855.90
04/29/11
{14}
1270-000
0.23
28,856.13
ACCOUNT TOTALS
Subtotal
28,856.13
0.00
28,846.08
0.00
10.05
0.00
$10.05
$0.00

Case
2:99-bk-10405-SSC
$28,856.13
0.00

10:47:13
Desc
06/27/2011 10:40
AM
Main Document
Page 9 of 13
V.12.56
Exhibit B
Form 2
Page: 7

Case Number:
99-10405-PHX-SSC
Trustee:
Case Name:
Bank Name:
AKA: MADSEN, JOHN
Account:
9200-******35-66 - Checking Account
**-***4194
Blanket Bond:
$50,000,000.00 (per case limit)
Taxpayer ID #:

1
Trans.
Date
{Ref #} /
Check #
Separate Bond: N/A

3
T-Code
Receipts
$
Disbursements
$
Checking
Account Balance
0.00
0.00
0.00
0.00
0.00
0.00
$0.00
$0.00
TOTAL - ALL ACCOUNTS
Net
Receipts
Net
Disbursements
Account
Balances
MMA # ***-*****35-65
0.00
ACCOUNT TOTALS
(No Transactions on File for this Period)

Subtotal
Net Receipts :
Net Estate :
57,037.49
$57,037.49
2:99-bk-10405-SSC
0.00
57,027.44
0.00
Checking # ***-*****35-66
0.00
28,181.36
0.00
MMA # 9200-******35-65
10.05
0.00
28,856.13
0.00
0.00
0.00
$57,037.49
$28,181.36
$28,856.13
Checking # 9200-******35-66
Case
$0.00

10:47:13
Desc
06/27/2011 10:40
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Main Document
Page 10 of 13
V.12.56
TRUSTEE'S PROPOSED DISTRIBUTION

Exhibit D
Case No.: 99-10405-PHX-SSC
Case Name: MADSEN-KLEINSTRUP, JORGEN
Trustee Name: ROBERT P. ABELE
Balance on hand:
28,856.13
Claims of secured creditors will be paid as follows:

Claim
No.
Claimant
Claim Allowed Amount Interim Payments

Asserted
of Claim
to Date
Proposed
Payment
None
Total to be paid to secured creditors:
Remaining balance:
$
$
0.00
28,856.13
Applications for chapter 7 fees and administrative expenses have been filed as follows:
Reason/Applicant
Total Requested Interim Payments

to Date
Proposed
Payment
Trustee, Fees - ROBERT P. ABELE
6,094.74
0.00
6,094.74
Trustee, Expenses - ROBERT P. ABELE
8,007.46
0.00
8,007.46
Attorney for Trustee, Fees - OSBORN MALEDON, P.A.
5,841.50
0.00
5,841.50
Attorney for Trustee, Expenses - OSBORN MALEDON,

P.A.
514.77
0.00
514.77
3,425.00
0.00
3,425.00
28.35
0.00
28.35
Other Fees: TERRY A. DAKE, LTD.

Other Expenses: TERRY A. DAKE, LTD.
Total to be paid for chapter 7 administration expenses:

Remaining balance:
$
$
23,911.82
4,944.31
Applications for prior chapter fees and administrative expenses have been filed as follows:
Reason/Applicant
Total Requested Interim Payments

to Date
Proposed
Payment
None
Total to be paid for prior chapter administrative expenses:
Remaining balance:
$
$
0.00
4,944.31
UST Form 101-7-TFR (10/1/2010)

Main Document
Page 11 of 13
Desc
In addition to the expenses of administration listed above as may be allowed by the

Court, priority claims totaling $108,479.80 must be paid in advance of any dividend to
general (unsecured) creditors.
Allowed priority claims are:
Claim
No
Claimant
Allowed Amount Interim Payments

of Claim
to Date
ARIZONA DEPT OF REVENUE
INTERNAL REVENUE SERVICE
Proposed
Payment
8,921.31
0.00
406.62
99,558.49
0.00
4,537.69
Total to be paid for priority claims:

Remaining balance:
$
$
4,944.31
0.00
The actual distribution to wage claimants included above, if any, will be the proposed
payment less applicable withholding taxes (which will be remitted to the appropriate taxing
authorities).
Timely claims of general (unsecured) creditors totaling $ 0.00 have been allowed and
will be paid pro rata only after all allowed administrative and priority claims have been paid in full.
The timely allowed general (unsecured) dividend is anticipated to be 0.0 percent,
plus interest (if applicable).
Timely allowed general (unsecured) claims are as follows:
Claim
No
Claimant

of Claim
to Date
Proposed
Payment
None
Total to be paid for timely general unsecured claims:
Remaining balance:
$
$
0.00
0.00
Tardily filed claims of general (unsecured) creditors totaling $ 0.00 have been
allowed and will be paid pro rata only after all allowed administrative, priority and timely filed
general (unsecured) claims have been paid in full. The tardily filed claim dividend is anticipated
to be 0.0 percent, plus interest (if applicable).
Tardily filed general (unsecured) claims are as follows:
Claim
No
Claimant

of Claim
to Date
Proposed
Payment
None
Total to be paid for tardy general unsecured claims:
Remaining balance:
$
$
0.00
0.00
UST Form 101-7-TFR (10/1/2010)

Main Document
Page 12 of 13
Desc
Subordinated unsecured claims for fines, penalties, forfeitures, or damages and claims
ordered subordinated by the Court totaling $ 0.00 have been allowed and will be paid
pro rata only after all allowed administrative, priority and general (unsecured) claims have been paid
in full. The dividend for subordinated unsecured claims is anticipated to be 0.0 percent,
plus interest (if applicable).
Subordinated unsecured claims for fines, penalties, forfeitures or damages and claims
ordered subordinated by the Court are as follows:
Claim
No
Claimant

of Claim
to Date
Proposed
Payment
None
Total to be paid for subordinated claims: $
Remaining balance:
$
0.00
0.00
UST Form 101-7-TFR (10/1/2010)

Main Document
Page 13 of 13
Desc

Madsen&#39;s 1999 Bankruptcy - Trustees Final Report June 2011

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Madsen&#39;s 1999 Bankruptcy - Trustees Final Report June 2011

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UNITED STATES BANKRUPTCY COURT

Case No. 99-10405-PHX-SSC

TRUSTEE'S FINAL REPORT (TFR)

Funds were disbursed in the following amounts:

The remaining funds are available for distribution.

UST Form 101-7-TFR (10/1/2010)

Doc 142 Filed 06/27/11 Entered 06/27/11 10:47:13

UST Form 101-7-TFR (10/1/2010)

Doc 142 Filed 06/27/11 Entered 06/27/11 10:47:13

Individual Estate Property Record and Report

Filed (f) or Converted (c): 08/30/99 (f)

Period Ending: 05/23/11

341(a) Meeting Date:

Claims Bar Date:

Estimated Net Value

8812 N. 65TH ST., PARADISE VALLEY, AZ

HOUSEHOLD GOODS AND FURNISHINGS

BOOKS AND ART OBJECTS

FURS AND JEWELERY

FIREARMS AND HOBBY EQUIPMENT

LOAN FROM WM. GIVEN

OTHER LIQUIDATED DEBTS OWING DEBTOR (u)

SETTLEMENT (GREG CLARK)

PERSONAL PROPERTY (NOT ORIGINALLY

SETTLEMENT PAYMENT PER 11/16/01 COURT

STOCK AND BUSINESS INTERESTS (u)

Totals (Excluding unknown values)

Major Activities Affecting Case Closing:

December 30, 2000

Current Projected Date Of Final Report (TFR):

February 28, 2011 (Actual)

Cash Receipts And Disbursements Record

ROBERT P. ABELE (240210)

JPMORGAN CHASE BANK, N.A.

AKA: MADSEN, JOHN

***-*****35-65 - Money Market Account

$50,000,000.00 (per case limit)

Period Ending: 05/23/11

Separate Bond: N/A

Paid To / Received From

SETTLEMENT (RELEASE OF EARNEST

MONEY FUNDS PER COURT ORDER)ON

8812 N. 65TH ST. , PARADISE VALLEY

THE CHASE MANHATTAN BANK

Interest posting at 2.1500%

THE CHASE MANHATTAN BANK

Interest posting at 2.0000%

THE CHASE MANHATTAN BANK

Interest posting at 1.8000%

THE CHASE MANHATTAN BANK

Interest posting at 1.7000%

THE CHASE MANHATTAN BANK

Interest posting at 1.6000%

THE CHASE MANHATTAN BANK

Interest posting at 1.6000%

THE CHASE MANHATTAN BANK

Interest posting at 1.5000%

THE CHASE MANHATTAN BANK

Interest posting at 1.5000%

THE CHASE MANHATTAN BANK

Interest posting at 1.5000%

THE CHASE MANHATTAN BANK

Interest posting at 1.3000%

OSBORN MALEDON, P.A.

Madsen's 1999 Bankruptcy - Trustees Final Report June 2011

Madsen's 1999 Bankruptcy - Trustees Final Report June 2011

*-***35-65 - Money Market Account

*-***35-65 - Money Market Account