Order Granting Application For Payment Of Unclaimed Funds {NJB 1340OrdG}

ORDER GRANTING APPLICATION FOR PAYMENT OF UNCLAIMED FUNDS. This form is used in the United States Bankruptcy Court for the District of New Jersey to authorize the release of funds that were previously deposited with the court and remain unclaimed. These funds typically arise under 11 U.S.C. § 347(a) when distributions from a bankruptcy estate cannot be delivered to creditors, claimants, or other entitled parties. After a claimant files an application with supporting documentation to prove entitlement, the court reviews the request. If approved, this order directs the Clerk of Court, pursuant to 28 U.S.C. § 2042, to issue payment of the specified amount of unclaimed funds to the rightful payee at the address provided. Disbursement generally occurs no sooner than 14 days after the entry of the order, allowing time for any objections. www.FormsWorkflow.com