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Please note that a person may be discharged from bankruptcy after 3 years and a No Asset Procedure after 1 year. Please check the Insolvency Register on the Insolvency and Trustee Service website for the current status of a debtor.

Publication of bankruptcy adjudications and of debtors admitted to a No Asset Procedure changed in December 2018. From that time the Insolvency and Trustee Service has published all adjudications in the New Zealand Gazette by providing a link from the Gazette website to the Insolvency Register.

Other bankruptcy notices, including orders annulling or rescinding adjudications, can be found in the Insolvency and Trustee Services’ Public Notices.

A related notice was published on 4 May 2017, Issue No. 47, Notice No. 2017-ba2065.

Notice Type
Bankruptcies
Notice Title

Final Statement of Receipts and Payments

Publication Date
27 Apr 2017

Tags

Bankruptcy Notices Bankruptcies

Notice Number

2017-ba1991

Issue Number

45
Title
View PDF
File Type and Size
PDF (24 KB)

Take notice that, pursuant to section 228(3) of the Insolvency Act 2006, these accounts represent the final statement of receipts and payments in the bankruptcy of Christopher Louis Fawcett, formerly of 123 Albert Street, Hamilton, who was adjudicated bankrupt on 15 September 2010 and discharged from bankruptcy on 16 April 2015.

Receipts

Sale of assets

$2,317,299.47

Rents received

$37,984.62

Monthly interest

$63,632.42

Total receipts

$2,418,916.51


Distribution of funds

Interest on debts

$275,114.39

Dividend to unsecured creditors

$1,382,486.88

Petitioning creditor’s costs

$5,569.70

Total distribution of funds

$1,663,170.97


Costs of administration

Official Assignee’s time cost fee

$249,288.96

Accounting fees

$87,074.33

Official Assignee’s expenses

$31,766.67

Legal fees

$349,902.54

Rates

$1,538.49

Payment of mortgage

$5,502.52

Property expenses

$16,743.75

Valuation fee

$13,928.28

Total costs of administration

$755,745.54

Note: Where applicable these accounts have been prepared on a GST-exclusive basis.

A dividend of 100.0 cents in the dollar plus partial interest was paid to unsecured creditors.

OFFICIAL ASSIGNEE.

Enquiries to: Private Bag 4714, Christchurch Mail Centre, Christchurch 8140. Freephone: 0508 467 658. Website: www.insolvency.govt.nz.