Estate bankruptcy concluded: association’s claim paid in part
Korteriühistu Daumani 4 · 80228651
Participants and roles: applicant XX; debtor – XX’s estate; trustee XX; apartment association – creditor
Editorial summary
The court concluded bankruptcy of the property left after XX’s death and approved the trustee’s report. The association participated as a creditor and, according to the report, received only part of its recognised claim.
The dispute and the court’s decision
The court approved the trustee’s final report and concluded the bankruptcy of the estate: the property left after XX’s death. The apartment association Daumani 4 participated as a creditor, rather than the debtor. According to the report, its recognised claim was satisfied in part and a portion remained unpaid. This concludes the procedure after asset distribution; it is not a new judgment awarding the association the entire debt.
No objections to the final report were filed. The court found no infringement of the debtor’s or creditors’ rights that would prevent approval and considered the report compliant with the law.
The trustee was released from duties, and publication of a notice of conclusion in Ametlikud Teadaanded was ordered. The debtor or a creditor that had objected to the final report could appeal the ruling within 15 days of receipt.
Outcome of this decision
Approve the final report, conclude the estate bankruptcy and release the trustee. According to the report, the association’s claim was satisfied in part and a portion remained unpaid. Order publication of a notice of conclusion.