FirstPlus Financial Group (fka FPFXQ)

[malp2009]

Done! Finished! As of 12/31/20 NOTHING!!

But, Matthew D. Orwig gets a big check $323,144. We get nothing!

And, Youth180 gets $44,226. We get nothing.

Terry Allen, a creditor and party in interest in the case, seeks to buy whatever assets may remain from the Trustee for $6,000. the Trustee respectfully requests that the Court (a) authorizing the sale of the remaining assets to Mr. Allen.

Who is Terry Allen?

The Trustee is only aware of one potential source of funds that could
come into the estate. A restitution order entered by the United States District Court for the District of New Jersey in a related criminal proceeding calls for $14,000,000 in restitution to be paid.

So it appears that Matthew is giving up on all of the items that the government is holding, cars, boat, plane money, rings, etc. That Terry could make out like a bandit.

A sad ending. Matthew could have gone better. Once again, the attorneys get more than we do.

https://www2.slideshare.net/malp2009/doc1105-motion-for-approval-of-disposal-of-residual-assets-final-accounting-and-final-decreee