Local Rule Rule 3010-1: Small Dividends and Payments
Bankr. W.D. Mo. — Civil rule
Rule 3010-1. Small Dividends and Payments In accordance with the authority granted under Fed. R. Bankr. P. 3010, a trustee in a Chapter 7 case may pay out dividends that are less than $5.00. In a Chapter 7 case with ten or fewer creditors scheduled to receive a dividend of less than $5.00, the trustee shall distribute the funds. In a Chapter 7 case with more than ten creditors scheduled to receive a dividend of less than $5.00, the trustee, in his discretion, may pay out the funds or treat them in the same manner as unclaimed funds as provided in § 347 of the Code.