Local Rule D.N.J. LBR 7067-1: Registry Fund
Bankr. D.N.J. — Civil rule
D.N.J. LBR 7067-1. Registry Fund
(a) Eligible funds. Registry funds maintained under 28 U.S.C. § 2041 may include:
(1) unclaimed distributions in Chapter 7, 12, or 13 cases remaining unpaid 90 days after the distribution deposited under Local Bankruptcy Rule 3011-1; and
(2) funds held in escrow by court order pending resolution of a dispute.
(b) Deposit of funds.
(1) No funds may be sent to the court for deposit in the court's registry without a court order.
(2) The party depositing or transferring funds to the court's registry must serve on the clerk the order permitting the deposit.
2015 Comment This Rule is amended to avoid unnecessary repetition of the court's Amended Order Regarding Deposit and Investment of Registry Fund.
Subdivision (b)(1) does not apply to unclaimed distributions deposited by a trustee under § 347(a) of the Code. Local Bankruptcy Rule 3011-1 addresses unclaimed distributions.