LIFE PARTNERS HOLDINGS INC - FORM 8-K - EX-99.14 - EXHIBIT 99.14 - December 21, 2015

Attached files

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8-K - FORM 8-K - LIFE PARTNERS HOLDINGS INCv427341_8k.htm
EX-99.4 - EXHIBIT 99.4 - LIFE PARTNERS HOLDINGS INCv427341_ex99-4.htm
EX-99.6 - EXHIBIT 99.6 - LIFE PARTNERS HOLDINGS INCv427341_ex99-6.htm
EX-99.7 - EXHIBIT 99.7 - LIFE PARTNERS HOLDINGS INCv427341_ex99-7.htm
EX-99.9 - EXHIBIT 99.9 - LIFE PARTNERS HOLDINGS INCv427341_ex99-9.htm
EX-99.8 - EXHIBIT 99.8 - LIFE PARTNERS HOLDINGS INCv427341_ex99-8.htm
EX-99.3 - EXHIBIT 99.3 - LIFE PARTNERS HOLDINGS INCv427341_ex99-3.htm
EX-99.1 - EXHIBIT 99.1 - LIFE PARTNERS HOLDINGS INCv427341_ex99-1.htm
EX-99.2 - EXHIBIT 99.2 - LIFE PARTNERS HOLDINGS INCv427341_ex99-2.htm
EX-99.5 - EXHIBIT 99.5 - LIFE PARTNERS HOLDINGS INCv427341_ex99-5.htm
EX-99.10 - EXHIBIT 99.10 - LIFE PARTNERS HOLDINGS INCv427341_ex99-10.htm
EX-99.19 - EXHIBIT 99.19 - LIFE PARTNERS HOLDINGS INCv427341_ex99-19.htm
EX-99.15 - EXHIBIT 99.15 - LIFE PARTNERS HOLDINGS INCv427341_ex99-15.htm
EX-99.17 - EXHIBIT 99.17 - LIFE PARTNERS HOLDINGS INCv427341_ex99-17.htm
EX-99.18 - EXHIBIT 99.18 - LIFE PARTNERS HOLDINGS INCv427341_ex99-18.htm
EX-99.11 - EXHIBIT 99.11 - LIFE PARTNERS HOLDINGS INCv427341_ex99-11.htm
EX-99.13 - EXHIBIT 99.13 - LIFE PARTNERS HOLDINGS INCv427341_ex99-13.htm
EX-99.16 - EXHIBIT 99.16 - LIFE PARTNERS HOLDINGS INCv427341_ex99-16.htm
EX-99.12 - EXHIBIT 99.12 - LIFE PARTNERS HOLDINGS INCv427341_ex99-12.htm

Exhibit 99.14

 

Monthly Operating Report

CASH BASIS

 

CASE  NAME: Life Partners, Inc.
   
CASE  NUMBER: 15-41995
   
JUDGE: Russell Nelms

 

UNITED STATES BANKRUPTCY COURT

 

NORTHERN & EASTERN DISTRICTS OF TEXAS

 

REGION 6

 

MONTHLY OPERATING REPORT

 

MONTH  ENDING:   June   2015 *Includes 5/19/15 to 5/31/15  
  MONTH   YEAR  

 

IN ACCORDANCE WITH TITLE 28, SECTION 1746, OF THE UNITED STATES CODE, I DECLARE UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING REPORT (CASH BASIS-1 THROUGH CASH BASIS-6) AND THE ACCOMPANYING ATTACHMENTS AND, TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT, AND COMPLETE. DECLARATION OF THE PREPARER (OTHER THAN RESPONSIBLE PARTY) IS BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.

 

RESPONSIBLE PARTY:

 

/s/ H. Thomas Moran II   Trustee
ORIGINAL SIGNATURE OF RESPONSIBLE PARTY   TITLE
     
H. Thomas Moran II   7/20/2015
PRINTED NAME OF RESPONSIBLE PARTY   DATE
     
PREPARER:    
     
/s/ Colette Pieper   CEO
ORIGINAL SIGNATURE OF PREPARER   TITLE
     
Colette Pieper   7/20/2015
PRINTED NAME OF PREPARER   DATE

 

 

 

 

Monthly Operating Report

CASH BASIS-1

 

CASE NAME: Life Partners, Inc.  
   
CASE NUMBER: 15-41995  

 

CASH RECEIPTS AND  May 19, 2015 to             
DISBURSEMENTS  Jun 30, 2015             
1.  CASH - BEGINNING OF MONTH  $397,375.68                
RECEIPTS                       
2.  CASH SALES                    
3.  ACCOUNTS RECEIVABLE COLLECTIONS  $2,868.22                
4.  LOANS AND ADVANCES                    
5.  SALE OF ASSETS                    
6.  LEASE & RENTAL INCOME                    
7.  WAGES                   9
8.  OTHER (ATTACH LIST)  $655,093.16                
9.  TOTAL RECEIPTS  $657,961.38                
DISBURSEMENTS                    
10.  NET PAYROLL  $704.01                
11.  PAYROLL TAXES PAID  $35,120.80                
12.  SALES,USE & OTHER TAXES PAID  $2,300.00                
13.  INVENTORY PURCHASES                    
14.  MORTAGE PAYMENTS                    
15.  OTHER SECURED NOTE PAYMENTS                    
16.  RENTAL & LEASE PAYMENTS  $14,623.13                
17.  UTILITIES  $13,980.31                
18.  INSURANCE  $86,545.94              1
19.  VEHICLE EXPENSES                    
20.  TRAVEL  $1,795.53                
21.  ENTERTAINMENT                    
22.  REPAIRS & MAINTENANCE  $6,746.38                
23.  SUPPLIES  $829.51                
24.  ADVERTISING                    
25.  HOUSEHOLD EXPENSES                    
26.  CHARITABLE CONTRIBUTIONS                    
27.  GIFTS                    
28.  OTHER (ATTACH LIST)  $627,459.34              9
29.  TOTAL ORDINARY DISBURSEMENTS  $790,104.95                
REORGANIZATION EXPENSES                    
30.  PROFESSIONAL FEES                    
31.  U.S. TRUSTEE FEES                    
32.  OTHER (ATTACH LIST)                    
33.  TOTAL REORGANIZATION EXPENSES  $-                
34.  TOTAL DISBURSEMENTS  $790,104.95                
35.  NET CASH FLOW  $(132,143.57)               
36.  CASH - END OF MONTH  $265,232.11                

 

1 See Exhibit 1 for disbursements by LPI, Inc. on behalf of LPHI  

9 See Exhibit 5 for attached list of Item 8. Other receipts and Item 28. Other disbursements.

 

 

 

 

Monthly Operating Report

CASH BASIS-1A

 

2015

 

CASE NAME: Life Partners, Inc.    
   
CASE NUMBER: 15-41995  

 

CASH DISBURSEMENTS DETAIL     MONTH: June

 

CASH DISBURSEMENTS

  DATE  PAYEE  PURPOSE   AMOUNT 
                 
                 
                 
                 
                 
   TOTAL CASH DISBURSEMENTS       $- 

 

BANK ACCOUNT DISBURSEMENTS

CK#  DATE  PAYEE  PURPOSE   AMOUNT 
    SEE EXHIBIT 1      $790,104.95 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
   TOTAL BANK ACCOUNT DISBURSEMENTS       $790,104.95 
                 
TOTAL DISBURSEMENTS FOR THE MONTH       $790,104.95 

 

1 Attached Exhibit 1 lists all disbursements by LPI, Inc. on behalf of LPHI 

 

 

 

 

Monthly Operating Report

CASH BASIS-2

 

CASE NAME: Life Partners, Inc.
   
CASE NUMBER: 15-41995

 

BANK RECONCILIATIONS

 

   Acct #1   Acct #2   Acct #3     
A.  BANK:  Bank of Texas   Bank of Texas         
B.  ACCOUNT NUMBER:  4080   4091         
C.  PURPOSE (TYPE):  Checking   Checking       TOTAL 
1.  BALANCE PER BANK STATEMENT  $81,916.09   $121,613.76        $203,529.85 
2.  ADD:  TOTAL DEPOSITS NOT CREDITED                 $- 
3.  SUBTRACT:  OUTSTANDING CHECKS  $9,934.10   $30,932.62        $40,866.72 
4.  OTHER RECONCILING ITEMS                  $- 
5.  MONTH END BALANCE PER BOOKS  $71,981.99   $90,681.14   $-   $162,663.13 
6.  NUMBER OF LAST CHECK WRITTEN   1051    1008           

 

INVESTMENT ACCOUNTS

 

   DATE OF   TYPE OF        CURRENT 
BANK, ACCOUNT NAME & NUMBER  PURCHASE   INSTRUMENT      VALUE 
7. TD Bank, Life Partners, Inc. Acct 70-T202-01-2   Unknown    CD       $101,568.98 
8.                
9.                    
10.                   
11.  TOTAL INVESTMENTS                 $101,568.98 
                     
CASH                         
                     
12.  CURRENCY ON HAND                    $1,000.00 
                     
13.  TOTAL CASH - END OF MONTH                 $265,232.11 

 

 

 

 

Monthly Operating Report

CASH BASIS-3

 

CASE NAME: Life Partners, Inc.  
   
CASE NUMBER: 15-41995
   
ASSETS OF THE ESTATE

 

SCHEDULE "A"  SCHEDULE   MONTH         
REAL PROPERTY  AMOUNT   June 30,2015   MONTH   MONTH 
1. NONE                    
2.                    
3.                    
4.  OTHER (ATTACH LIST)                    
5.  TOTAL REAL PROPERTY ASSETS  $-   $-   $-   $- 
SCHEDULE "B"                    
PERSONAL PROPERTY                    
1.  CASH ON HAND  $1,000.00   $1,000.00           
2.  CHECKING, SAVINGS, ETC.  $396,375.68   $264,232.11           
3.  SECURITY DEPOSITS  $200,000.00   $854.77           
4.  HOUSEHOLD GOODS                    
5.  BOOKS, PICTURES, ART  $662,950.00   $662,950.00           
6.  WEARING APPAREL                    
7.  FURS AND JEWELRY                    
8.  FIREARMS & SPORTS EQUIPMENT                    
9.  INSURANCE POLICIES    unknown      unknown            
10.  ANNUITIES                    
11.  EDUCATION                    
12.  RETIREMENT & PROFIT SHARING                    
13.  STOCKS    unknown      unknown            
14.  PARTNERSHIPS & JOINT VENTURES  $-   $-           
15.  GOVERNMENT & CORPORATE BONDS                    
16.  ACCOUNTS RECEIVABLE  $74,313,955.94   $74,348,480.30           
17.  ALIMONY                    
18.  OTHER LIQUIDATED DEBTS  $13,667,960.11   $13,797,605.80           
19.  EQUITABLE INTERESTS                    
20.  CONTINGENT INTERESTS                    
21.  OTHER CLAIMS    unknown      unknown            
22.  PATENTS & COPYRIGHTS    unknown      unknown            
23.  LICENSES & FRANCHISES    unknown      unknown            
24.  CUSTOMER LISTS    unknown      unknown            
25.  AUTOS, TRUCKS & OTHER VEHICLES  $4,131.00   $4,131.00           
26.  BOATS & MOTORS                    
27.  AIRCRAFT  $183,244.61   $183,244.61           
28.  OFFICE EQUIPMENT    unknown      unknown            
29.  MACHINERY, FIXTURES & EQUIPMENT  $112,295.93   $112,295.93           
30.  INVENTORY                    
31.  ANIMALS                    
32.  CROPS                    
33.  FARMING EQUIPMENT                    
34.  FARM SUPPLIES                    
35.  OTHER (ATTACH LIST)  $143,386.74   $131,827.25         3
36.  TOTAL PERSONAL PROPERTY ASSETS  $89,685,300.01   $89,506,621.77   $-   $- 
37.  TOTAL ASSETS  $89,685,300.01   $89,506,621.77   $-   $- 

 

2 Item 13. Stocks: Value of LPI Financial Services not included since financials were historically consolidated for reporting.

3 Item 35. Other: See Exhibit 2 for list.

 

 

 

 

Monthly Operating Report

CASH BASIS-4

 

CASE NAME: Life Partners, Inc.
   
CASE NUMBER: 15-41995

 

  MONTH: June

 

LIABILITIES OF THE ESTATE

 

PREPETITION  SCHEDULE             
LIABILITIES  AMOUNT   PAYMENTS         
1.  SECURED    unknown             
2.  PRIORITY    unknown                 
3.  UNSECURED  $9,203,449.82   $6,881.156 & 7        
4.  OTHER (ATTACH LIST)                    
5.  TOTAL PREPETITION LIABILITIES  $9,203,449.82   $6,881.15           
                     
POSTPETITION  DATE   AMOUNT   DUE   AMOUNT 
LIABILITIES  INCURRED   OWED   DATE   PAST DUE 
1.  FEDERAL INCOME TAXES            
2.  FICA/MEDICARE                    
3.  STATE TAXES                    
4.  REAL ESTATE TAXES                    
5.  OTHER TAXES (ATTACH LIST)                    
6.  TOTAL TAXES       $-        $- 
OTHER POSTPETITION LIABILITIES INCLUDING TRADE CREDITORS (LIST NAMES OF CREDITORS) 4
7.   Allison Enterprises, Inc.       $38.97           
8.   Ambold's       $72.52           
9.   American Express       $4,649.94           
10. Atmos Energy       $47.79           
11. AT&T Long Distance       $1,789.71           
12. AT&T       $2,097.52           
13. AT&T Mobility       $605.25           
14. AVS Underwriting, LLC       $350.00           
15. Kristen Bickham       $334.97           
16. City of Waco Water Office       $854.77           
17. Mark Embry       $263.83           
18. EPIQ Bankruptcy Solutions       $98,992.39           
19. Federal Express       $2,793.83           
20. Johnnies Office Systems, Inc.       $41.64           
21. Lexis Nexis       $31.98           
22. City of McGregor       $85.14           
23. Ozarka       $316.97           
24. Professional Building Maintenance Service       $1,623.75           
25. Purchase Escrow Services, LLC       $5,147.70           
26. Secretary of State of Texas       $31.00           
27. SolarWinds       $613.78           
28. TALX Corporation (Equifax)       $1,176.11           
29.  Thomson Reuters       $906.10           
29.  Time Warner Cable       $1,455.10           
29.  Frontline eSolutions, LLC       $18.95           
29.  Thomson Reuters       $480.57           
29.  Millennium Trust Group       $4,172.03           
29.  Provident Trust Group       $13,845.45           
29.  (IF ADDITIONAL ATTACH LIST)                    
30.  TOTAL OF LINES 7 - 29       $142,837.76        $- 
31.  TOTAL POSTPETITION LIABILITIES       $142,837.76        $- 

 

4 See Exhibit 3 for detail of Postpetition Liabilities
6   Does not include checks written pre-petition that cleared the bank post-petition (See Exhibit 1 for detail) because these   these amounts were not included in Schedule F.  
7 Payment of pre-petition utilities authorized by court Dkt. No. 483 (See Exhibit 1 for detail)      

 

 

 

 

Monthly Operating Report

CASH BASIS-4A

 

CASE NAME: Life Partners, Inc.
   
CASE NUMBER: 15-41995

 

  MONTH: June

 

ACCOUNTS RECEIVABLE AGING

 

   SCHEDULE   MONTH         
   AMOUNT   June 30,2015   MONTH   MONTH 
1.  0 - 30  $139,889.99   $155,881.10           
2.  31 - 60  $279,914.48   $44,626.95           
3.  61 - 90  $77,761.72   $127,549.60           
4.  91 +  $12,721,786.70   $13,021,052.05           
5.  TOTAL ACCOUNTS RECEIVABLE  $13,219,352.89   $13,349,109.70   $-   $- 
6.  AMOUNT CONSIDERED UNCOLLECTIBLE  $5,163,789.81   $5,163,789.81           
7.  ACCOUNTS RECEIVABLE (NET)  $8,055,563.08   $8,185,319.89   $-   $- 

 

AGING OF POSTPETITION TAXES AND PAYABLES

 

   0 - 30   31-60   90+     
TAXES PAYABLE  DAYS   DAYS   DAYS   Total 
1.  FEDERAL                 $- 
2.  STATE                 $- 
3.  LOCAL                 $- 
4.  OTHER (ATTACH LIST)                 $- 
5.  TOTAL TAXES PAYABLE  $-   $-   $-   $- 
                     
6.  ACCOUNTS PAYABLE  $135,287.22   $7,550.54   $-   $142,837.76 

 

STATUS OF POSTPETITION TAXES

 

   BEGINNING   AMOUNT       ENDING 
   TAX   WITHHELD   AMOUNT   TAX 
FEDERAL  LIABILITY   OR ACCRUED   PAID   LIABILITY 
1.   WITHHOLDING       $14,854.71   $14,854.71   $- 
2.   FICA-EMPLOYEE       $9,990.22   $9,990.22   $- 
3.   FICA-EMPLOYER       $9,990.22   $9,990.22   $- 
4.   UNEMPLOYMENT       $11.66   $11.66   $- 
5.   INCOME                 $- 
6.   OTHER (ATTACH LIST)                 $- 
7.   TOTAL FEDERAL TAXES  $-   $34,846.81   $34,846.81   $- 
STATE AND LOCAL                 $- 
8.   WITHHOLDING                 $- 
9.   SALES                 $- 
10.  EXCISE                 $- 
11.  UNEMPLOYMENT       $273.99   $273.99   $- 
12.  REAL PROPERTY                 $- 
13.  PERSONAL PROPERTY       $2,626.23        $2,626.23 
14.  OTHER (ATTACH LIST)       $2,300.00   $2,300.00   $-8
15.  TOTAL STATE & LOCAL  $-   $5,200.22   $2,573.99   $2,626.23 
16.  TOTAL TAXES  $-   $40,047.03   $37,420.80   $2,626.23 

 

8 See Exhibit 4 attached.

 

 

 

 

Monthly Operating Report

CASH BASIS-5

 

CASE NAME: Life Partners, Inc.
   
CASE NUMBER: 15-41995

 

  MONTH: June

 

            
PAYMENTS TO INSIDERS AND PROFESSIONALS        
            
INSIDERS
NAME  TYPE OF PAYMENT  AMOUNT PAID   TTL PD TO DATE 
1. Mark Embry  Expense Reimbursement  $127.03   $ 127.03 5
2. Advance Trust & Life Es  Premium Remittance/Cost Reimb  $40,729.40   $40,729.40 5
3. Life Partners Holdings, Inc.  Rent & Return deposit in error  $71,398.28   $71,398.28 5
4. LPI Financial Services, Inc.  Forward Platform Fees  $1,938.00   $1,938.00 5
5. Purchase Escrow Services, LLC  Premium Remittance/Cost Reimb  $494,427.38   $494,427.38 
6.             
TOTAL PAYMENTS TO INSIDERS     $608,620.09   $608,620.09 

 

PROFESSIONALS11
   DATE OF COURT ORDER   AMOUNT   AMOUNT   TTL PAID   TOTAL INCURRED 
NAME  AUTHORIZING PAYMENT   APPROVED   PAID   TO DATE   & UNPAID 
1. Asset Servicing Group              $ 167,656.00 11
2. Bridgepoint Consulting                      $70,391.90 11
3. Epiq Bankruptcy Solutions                      $430,596.00 11
4. Kim Hinkle, Attorney at Law                      $46,400.00 11
5. MMS Advisors                      $36,000.00 11 & 12
6. Munsch, Hardt, Kopf & Harr,P.C.                      $  150,000.00 11
7. Thompson & Knight LLP                      $1,100,000.00 11
8. Tom Moran, US Trustee                      $ 109,800.00 11
                          
                          
5.                         
TOTAL PAYMENTS TO PROFESSIONALS   $-   $-   $-   $2,110,843.90 

 

POSTPETITION STATUS OF SECURED NOTES, LEASES PAYABLE AND ADEQUATE PROTECTION PAYMENTS

 

   SCHEDULED   AMOUNTS   TOTAL 
   MONTHLY   PAID   UNPAID 
   PAYMENTS   DURING   POST- 
NAME OF CREDITOR  DUE   MONTH   PETITION 
1. Pitney Bowes Global Financial Services, LLC  $5,423.33   $-   $-10
2. Pitney Bowes Global Financial Services, LLC  $906.06   $-   $-10
3. Johnnies Office Systems, Inc.  $1,054.61   $1,054.61   $- 
4. Great America Financial Services  $2,938.52   $2,938.52   $- 
5. Life Partners Holdings, Inc.  $10,000.00   $10,000.00   $- 
6. Nick Courcoumelis  $315.00   $-   $315.00 
5.               
6. TOTAL  $20,637.52   $13,993.13   $315.00 

 

5 See Exhibit 1 for payment details.  
10 These lease payments are quarterly, not monthly.  
11 Professional fees and expenses estimated and accrued prior to May 19th are reflected only on the books of Life Partners Holdings, Inc.  Thereafter, professional fees and expenses reflect the estimated aggregate, unallocated fees and expenses for all of the Debtors, and are noted on each of the Debtors MORs.  
12   MMS Advisors incurred fees and expenses March-June 30th in the estimated amount of $342,000.00, however, their retention was approved beginning as of June 11th, so only a portion of this amount is reflected above.  

 

 

 

 

Monthly Operating Report

CASH BASIS-6

 

2015

 

CASE NAME: Life Partners, Inc.    
   
CASE NUMBER: 15-41995  

 

  MONTH: June

 

QUESTIONNAIRE

 

        YES   NO
1.   HAVE ANY ASSETS BEEN SOLD OR TRANSFERRED OUTSIDE THE NORMAL COURSE OF BUSINESS THIS REPORTING PERIOD?       X
2.   HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNT OTHER THAN A DEBTOR IN POSSESSION ACCOUNT?   X    
3.   ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES OR LOANS) DUE FROM RELATED PARTIES?       X
4.   HAVE ANY PAYMENTS BEEN MADE ON PREPETITION LIABILITIES THIS REPORTING PERIOD?   X    
5.   HAVE ANY POSTPETITION LOANS BEEN RECEIVED BY THE DEBTOR FROM ANY PARTY?       X
6.   ARE ANY POSTPETITION PAYROLL TAXES PAST DUE?       X
7.   ARE ANY POSTPETITION STATE OR FEDERAL INCOME TAXES PAST DUE?       X
8.   ARE ANY POSTPETITION REAL ESTATE TAXES PAST DUE?       X
9.   ARE ANY OTHER POSTPETITION TAXES PAST DUE?       X
10.   ARE ANY AMOUNTS OWED TO POSTPETITION CREDITORS DELINQUENT?       X
11.   HAVE ANY PREPETITION TAXES BEEN PAID DURING THE REPORTING PERIOD?       X
12.   ARE ANY WAGE PAYMENTS PAST DUE?       X

 

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "YES"; PROVIDE A DETAILED EXPLANATION OF EACH ITEM. ATTACH ADDITIONAL SHEETS IF NECESSARY.

Item 2. Checks written pre-petition cleared the bank post-petition. See Exhibit 1 for checks.

Questionnaire Item 4. Approval of Motion authorizing payments of pre-petition amounts owed to Utility Companies 6/17/15 Dkt. No. 483

 

INSURANCE

 

    YES   NO
1.   ARE WORKER'S COMPENSATION, GENERAL LIABILITY AND OTHER NECESSARY INSURANCE COVERAGES IN EFFECT?   X    
2.   ARE ALL PREMIUM PAYMENTS PAID CURRENT?   X    
3.   PLEASE ITEMIZE POLICIES BELOW   X    

 

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "NO" OR IF ANY POLICIES HAVE BEEN CANCELED OR NOT RENEWED DURING THIS REPORTING PERIOD, PROVIDE AN EXPLANATION BELOW. ATTACH ADDITIONAL SHEETS IF NECESSARY.

 

INSTALLMENT PAYMENTS

 

TYPE OF     PERIOD    PAYMENT AMOUNT 
POLICY  CARRIER  COVERED    & FREQUENCY 
Workers' Compensation  Service Lloyds Ins Co  06/14/15 - 06/14/16    $316.00 /month 

 

 

 

 

Life Partners, Inc.  Case No. 15-41995 EXHIBIT 1

 

BANK ACCOUNT DISBURSEMENTS
CK#  DATE  PAYEE  PURPOSE  AMOUNT 
112079  05/12/15  Ambold's  Repairs & Maintenance  $72.526 
112084  05/12/15  Leonard Graham  Repairs & Maintenance  $1,082.506
112085  05/12/15  Professional Building Maintenance Service  Repairs & Maintenance  $1,623.756 
112091  05/12/15  Vi3 Technologies, Inc.  Outside Services  $1,280.146 
111932  04/09/15  Nick Courcoumelis  Rental & Lease Payments  $315.006 
112063  05/06/15  Nick Courcoumelis  Rental & Lease Payments  $315.006 
112099  05/19/15  Kristen Bickham  Travel  $342.756 
wire  05/20/15  CG Web Systems Limited  Software Licenses & Support  $2,301.00 
TRANSFER  05/21/15  Life Partners Holdings, Inc.  Tfrd to LPHI BoTX Acct in error  $61,398.285 
001347  05/21/15  Christina Butler  Net Payroll  $704.01 
ACH 052115  05/21/15  MyPay Solutions-Tax Impound  Payroll Taxes Paid  $20,758.02 
ACH 052115  05/21/15  Voya National Trust182  Payroll-401K deductions  $4,514.98 
wire  05/28/15  Purchase Escrow Services, LLC  Cost Reimbursement  $13,468.135 
ACH 060415  06/04/15  Voya National Trust182  Payroll-401K deductions  $4,579.82 
PREAUTHACH  06/01/15  Deluxe Business Checks & Solutions  Supplies  $219.73 
ACH 061815  06/18/15  MyPay Solutions-TX CS Impound  Payroll Garnishment  $151.86 
ACH 061815  06/18/15  MyPay Solutions  Outside Services  $94.61 
ACH 061815  06/18/15  Voya National Trust182  Payroll-401K deductions  $4,627.60 
BANK FEE  06/12/15  Bank of Texas  Bank Analysis Fee  $155.42 
BANK FEE  06/08/15  Bank of Texas  Bank Wire Fees  $6.00 
ACH061815  06/18/15  MyPay Solutions-Tax Impound  Payroll Taxes Paid  $14,362.78 
BANK FEE  06/18/15  Bank of Texas  Stop Payment Fee  $34.50 
PREAUTHACH  06/18/15  Deluxe Business Checks & Solutions  Supplies  $177.21 
TRANSFER  06/26/15  LPI Financial Services, Inc     $1,938.005 
000107  06/10/15  Arizona Department of Revenue  Sales, Use & Other Taxes Paid  $50.00 
000108  06/10/15  Louisiana Dept. of Revenue  Sales, Use & Other Taxes Paid  $2,000.00 
000109  06/10/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $27,233.175 
000110  06/10/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $731.755 
000111  06/10/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $4,152.895 
000112  06/10/15  AT&T Mobility  Utilities  $930.24 
000114  06/10/15  FED EX  Courier Services  $144.94 
000115  06/10/15  Johnnies Office Systems  Repairs & Maintenance  $41.64 
000116  06/10/15  Johnnies Office Systems  Rental & Lease Payments  $1,054.61 
000117  06/10/15  Life Partners Holdings, Inc.  Rental & Lease Payments  $10,000.005 
000118  06/10/15  Office Depot, Inc.  Supplies  $66.99 
000119  06/11/15  Dr. Stuart Orsher  Medical Records  $250.00 
000120  06/11/15  Provident Trust Group  Premiums Advance  $121.22 
000121  06/11/15  Service Lloyds Insurance Company  Insurance-Workers' Comp  $351.00 
000122  06/11/15  Purchase Escrow Services, LLC  Premiums Advance  $9,622.225 
000123  06/15/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $59,939.575 
000125  06/16/15  Kristen Bickham  Travel  $648.68 
000127  06/16/15  Mark Embry  Travel  $127.035 
000128  06/16/15  GreatAmerica Financial Services  Rental & Lease Payments  $2,938.52 
000129  06/16/15  Lincoln National Life Insurance Co.  Insurance-Employee Benefits  $1,073.26 
000130  06/16/15  Vision Service Plan  Insurance-Employee Benefits  $335.61 
000124  06/16/15  Bird Kultgen-Ford  Repairs & Maintenance  $506.12 
000131  06/16/15  Blue Cross Blue Shield  Insurance-Employee Benefits  $23,430.03 
000132  06/17/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $7,916.555 
001001  06/18/15  Purchase Escrow Services, LLC  Premiums Advance  $24,396.505 
001002  06/18/15  Conexus SG  Software Licenses & Support  $3,242.30 
001003  06/19/15  Paytime Network, LLC  Outside Services  $175.00 
001004  06/19/15  Allison Enterprises, Inc  Repairs & Maintenance  $38.97 
001005  06/19/15  Atmos Energy  Utilities  $45.067 
001006  06/19/15  AT&T  Utilities  $128.967 
001007  06/19/15  AT & T Long Distance  Utilities  $1,789.717 
001008  06/19/15  AT&T  Utilities  $2,202.667 
001009  06/19/15  AT&T  Utilities  $56.06 
001010  06/19/15  AT & T Long Distance  Utilities  $628.437 
001011  06/19/15  City of Waco Water Office  Utilities  $739.197 
001012  06/19/15  Life Account, LLC  Outside Services  $270.00 
001013  06/19/15  FED EX  Courier Services  $111.30 
001014  06/19/15  City of McGregor  Utilities  $60.147 
001015  06/19/15  Reliant Energy  Utilities  $10.197 
001016  06/19/15  Reliant Energy  Utilities  $1,179.217 
001017  06/19/15  Reliant Energy  Utilities  $28.397 
001018  06/19/15  Reliant Energy  Utilities  $1,720.647 
001019  06/19/15  Reliant Energy  Utilities  $36.037 
001020  06/19/15  Reliant Energy  Utilities  $10.06 
001021  06/19/15  Reliant Energy  Utilities  $28.38 
001022  06/19/15  Reliant Energy  Utilities  $1,819.75 
001023  06/19/15  Reliant Energy  Utilities  $1,369.49 
001024  06/19/15  Reliant Energy  Utilities  $48.92 
001025  06/19/15  Sedona Staffing Service  Outside Services  $1,389.61 
001026  06/19/15  Time Warner Cable  Utilities  $69.52 
001027  06/19/15  Frontline eSolutions, LLC  Outside Services  $18.95 

 

 

 

 

Life Partners, Inc.  Case No. 15-41995 EXHIBIT 1

 

BANK ACCOUNT DISBURSEMENTS
CK#  DATE  PAYEE  PURPOSE  AMOUNT 
001028  06/19/15  Purchase Escrow Services, LLC  Premiums Advance  $2,960.705 
001029  06/19/15  Advance Trust & Life Escrow Services, LTA  Trust Fees/Cost Reimbursement  $16,789.575
001030  06/26/15  Ambold's  Repairs & Maintenance  $72.52 
001031  06/26/15  AT&T  Utilities  $46.37 
001032  06/26/15  AT&T  Utilities  $250.54 
001033  06/26/15  AT & T Long Distance  Utilities  $113.02 
001034  06/26/15  Kristen Bickham  Travel  $677.07 
001035  06/26/15  Blue Cross Blue Shield  Insurance-Employee Benefits  $25,426.98 
001036  06/26/15  City of Waco Water Office  Utilities  $669.35 
001037  06/26/15  FED EX  Courier Services  $910.29 
001038  06/26/15  Leonard Graham  Repairs & Maintenance  $1,404.43 
001039  06/26/15  Ladybug Termite & Pest Control  Repairs & Maintenance  $150.00 
001040  06/26/15  Lincoln National Life Insurance Co.  Insurance-Employee Benefits  $1,312.41 
001041  06/26/15  Professional Building Maintenance Service  Repairs & Maintenance  $680.92 
001042  06/26/15  Rabroker  Repairs & Maintenance  $1,073.01 
001043  06/26/15  Sedona Staffing Service  Outside Services  $1,761.05 
001044  06/26/15  SHRED-IT US JV LLC  Outside Services  $210.00 
001045  06/26/15  Vi3 Technologies, Inc.  Outside Services  $1,280.14 
001046  06/26/15  Vision Service Plan  Insurance-Employee Benefits  $328.29 
001047  06/26/15  Advance Trust & Life Escrow Services, LTA  Premiums Advance  $4,130.385 
001048  06/26/15  Anthem Life Ins. Company  BK Premiums  $725.55 
001049  06/26/15  Farmers New World Life Ins. Co.  BK Premiums  $410.50 
001050  06/26/15  Purchase Escrow Services, LLC  Premiums Advance  $101,714.465 
001051  06/29/15  Advance Trust & Life Escrow Services, LTA  Premiums Advance  $114.295 
wire  06/12/15  Purchase Escrow Services, LLC  Cost Reimbursement  $19,894.385 
wire  06/24/15  Purchase Escrow Services, LLC  Cost Reimbursement  $23,471.525 
wire  06/03/15  State of Connecticut  Sales, Use & Other Taxes Paid  $250.00 
wire  06/01/15  Purchase Escrow Services, LLC  Cost Reimbursement  $4,000.005 
wire  06/01/15  AFCO  Insurance paid on behalf of LPHI  $34,288.361 
wire  06/02/15  Purchase Escrow Services, LLC  Premiums Advance  $506.985 
PREAUTHACH  06/01/15  Deluxe Business Checks & Solutions  Supplies  $219.73 
BANK FEE  06/10/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/12/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/12/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/15/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/18/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/18/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/18/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/18/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/18/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/19/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/12/15  Bank of Texas  Bank Analysis Fee  $67.50 
PREAUTHACH  06/18/15  Deluxe Business Checks & Solutions  Supplies  $145.85 
BANK FEE  06/30/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/25/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/24/15  Bank of Texas  Bank Wire Fees  $6.00 
BANK FEE  06/24/15  Bank of Texas  Bank Wire Fees  $6.00 
001001  06/24/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $12,668.215 
001002  06/24/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $54,658.805
001003  06/24/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $79,337.915 
001004  06/26/15  Advance Trust & Life Escrow Services, LTA  Flow Thru Premiums  $8,853.905 
001005  06/26/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $27,662.285 
001006  06/29/15  Advance Trust & Life Escrow Services, LTA  Flow Thru Premiums  $10,841.265 
001007  06/29/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $9,594.255 
001008  06/29/15  Purchase Escrow Services, LLC  Flow Thru Premiums  $10,497.115 
         TOTAL BANK ACCOUNT DISBURSEMENTS  $790,104.95 

 

1Disbursement by LPI, Inc. on behalf of LPHI.
5Incuded on CASH BASIS-5 as an insider payment.
6These are checks written pre-petition that cleared the bank post-petition.
7These checks include payment of amounts that are pre-petition.

 

The following were not included in disbursements for the reasons provided:      Reason not included:
BANK FEE  05/29/15  Bank of America  Bank Analysis Fee    $198.78   Fee was reversed
0000106696  06/22/15  Purchase Escrow Services, LLC  Bank Return A/R Collections-Pd in Error  $3,198.00   Payment stopped on check deposited
BANK FEE  06/01/15  Bank of Texas  NFS Charge    $65.50   Fee was reversed

 

 

 

 

Life Partners, Inc.  Case No. 15-41995 EXHIBIT 2
Other Personal Property  

 

   SCHEDULE   MONTH   MONTH   MONTH 
DESCRIPTION  AMOUNT   June 30,2015         
PREPAID INSURANCE - THE NITSCHE GROUP INC.  $39,853.51   $38,835.10           
RETAINER - AGUIRRE LAW  $26,925.36   $26,925.36           
RETAINER - LAW OFFICE OF HARRIET O'NEILL  $15,000.00   $15,000.00           
RETAINER - MCGLADREY LLP  $15,000.00   $15,000.00           
RETAINER - C. ALFRED MACKENZIE RETAINER  $11,407.57   $4,792.50           
PREPAID - AMERICAN EXPRESS  $6,884.16   $2,958.15           
RETAINER - LAW OFFICE OF DOUGLAS M BERMAN  $5,368.75   $5,368.75           
RETAINER - DR. JAMES LINEBACK  $5,000.00   $5,000.00           
PREPAID TAXES - FRANCHISE TAX BOARD  $4,800.00   $4,800.00           
RETAINER - WEST & ASSOCIATES LLP  $4,750.77   $4,750.77           
RETAINER - SQUIRES BATTON BOGGS (US) LLP  $4,226.00   $4,226.00           
RETAINER - HORWOOD, MARCUS & BERK  $2,867.62   $2,867.62           
RETAINER - MCGARRY & LAUFENBERG  $1,303.00   $1,303.00           
                     
TOTAL  $143,386.74   $131,827.25           

 

 

 

 

Date:  
Time: User:  
Friday, July 17, 2015 EXHIBIT 3
11:52AM BSTRIPLING  

 

Life Partners Inc

Period Sensitive Aged AP - Detail

Period: 04-16 As of: 6/30/2015

 

Page:

Report:

Company:

1 of 5

03681d.rpt

01

 

Vendor     Master Doc Vendor/ Disc Due Pay     Days Past
Due 		     
Ref Nbr Inv Nbr Name DocType/RefNbr Type Doc Stat Date Date Date Current 1 To 30 31 To 60 61 To 90 Over 90 Balance
Company: 01                        
AIRF00 Allison Enterprises, Inc.     A                  
234414 132376 VO A   7/17/2015 7/17/2015 7/8/2015 38.97 0.00 0.00 0.00 0.00 38.97
          Vendor Total     38.97 0.00 0.00 0.00 0.00 38.97
AMBO00 Ambold's     A                  
234531 3557 6/30/15 VO A   7/30/2015 7/30/2015 7/29/2015 72.52 0.00 0.00 0.00 0.00 72.52
          Vendor Total     72.52 0.00 0.00 0.00 0.00 72.52
AMER01 American Express     A                  
234343 5-01003xMay VO A   5/29/2015 6/13/2015 6/9/2015 0.00 235.00 0.00 0.00 0.00 235.00
234437 6-81004xMay VO A   5/29/2015 5/29/2015 5/29/2015 0.00 0.00 550.89 0.00 0.00 550.89
234438 6-81004xMay AD A   5/29/2015 5/29/2015   0.00 0.00 -550.89 0.00 0.00 -550.89
234534 9-93009xJun1 VO A   6/28/2015 7/13/2015 7/8/2015 4,649.94 0.00 0.00 0.00 0.00 4,649.94
234680 5-01003AppD AD A   6/28/2015 6/28/2015   0.00 -235.00 0.00 0.00 0.00 -235.00
234681 5-01003xJun1 VO A   6/28/2015 6/28/2015 6/28/2015 0.00 467.24 0.00 0.00 0.00 467.24
234682 6-81004xJun1 VO A   6/28/2015 6/28/2015 6/28/2015 0.00 2,672.88 0.00 0.00 0.00 2,672.88
234683 6-81004AppD AD A   6/28/2015 6/28/2015   0.00 -2,672.88 0.00 0.00 0.00 -2,672.88
234684 5-01003AppD AD A   6/28/2015 6/28/2015   0.00 -467.24 0.00 0.00 0.00 -467.24
          Vendor Total     4,649.94 0.00 0.00 0.00 0.00 4,649.94
ATMO00 Atmos Energy     A                  
234522 3026943263 VO A   7/9/2015 7/9/2015 7/8/2015 47.79 0.00 0.00 0.00 0.00 47.79
          Vendor Total     47.79 0.00 0.00 0.00 0.00 47.79
ATT006 AT & T Long Distance     A                  
234527 25475177970 VO A   7/7/2015 7/10/2015 7/7/2015 1,789.71 0.00 0.00 0.00 0.00 1,789.71
          Vendor Total     1,789.71 0.00 0.00 0.00 0.00 1,789.71
ATT279 AT&T     A                  
234503 2412438209 VO A   7/9/2015 7/9/2015 7/9/2015 2,097.52 0.00 0.00 0.00 0.00 2,097.52
          Vendor Total     2,097.52 0.00 0.00 0.00 0.00 2,097.52
ATT352 AT&T Mobility     A                  
234528 832678352x0 VO A   7/11/2015 7/16/2015 7/8/2015 605.25 0.00 0.00 0.00 0.00 605.25

 

 

 

 

Date:

Time: User:

Friday, July 17, 2015

11:52AM BSTRIPLING

 

Life Partners Inc

Period Sensitive Aged AP - Detail

Period: 04-16 As of: 6/30/2015

 

Page:

Report:

Company:

2 of 5

03681d.rpt

01

 

Vendor     Master Doc Vendor/ Disc Due Pay     Days Past
Due 31		      
Ref Nbr Inv Nbr Name DocType/RefNbr Type Doc Stat Date Date Date Current 1 To 30 To 60 61 To 90 Over 90 Balance
          Vendor Total     605.25 0.00 0.00 0.00 0.00 605.25
AVS001                      AVS Underwriting, LLC                        
234417 LPI053115 VO A     6/30/2015 6/24/2015 350.00 0.00 0.00 0.00 0.00 350.00
          Vendor Total     350.00 0.00 0.00 0.00 0.00 350.00
BICK00 Kristen Bickham                        
234524 ExpRpt 6/25/1 VO A     7/6/2015 7/6/2015 334.97 0.00 0.00 0.00 0.00 334.97
          Vendor Total     334.97 0.00 0.00 0.00 0.00 334.97
CITY00 City of Waco Water Office                        
234497 313896-21150 VO A   7/5/2015 7/5/2015 7/5/2015 466.75 0.00 0.00 0.00 0.00 466.75
234498 313896-21139 VO A   7/5/2015 7/5/2015 7/5/2015 388.02 0.00 0.00 0.00 0.00 388.02
          Vendor Total     854.77 0.00 0.00 0.00 0.00 854.77
EMBR00 Mark Embry                        
234504 ExpRpt 6/30/1 VO A   6/30/2015 6/30/2015 6/30/2015 263.83 0.00 0.00 0.00 0.00 263.83
          Vendor Total     263.83 0.00 0.00 0.00 0.00 263.83
EPIQ00 EPIQ Systems Acquisition, Inc.                        
234499 90112888 VO A     6/30/2015 6/30/2015 6,243.00 0.00 0.00 0.00 0.00 6,243.00
234500 90115612 VO A     6/30/2015 6/30/2015 583.77 0.00 0.00 0.00 0.00 583.77
234501 90115611 VO A     6/30/2015 6/30/2015 92,165.62 0.00 0.00 0.00 0.00 92,165.62
          Vendor Total     98,992.39 0.00 0.00 0.00 0.00 98,992.39
FEDE00 FED EX                        
234517 5-075-72859 VO A   7/10/2015 7/10/2015 7/8/2015 1,271.33 0.00 0.00 0.00 0.00 1,271.33
234519 6-495-16301 VO A   7/11/2015 7/11/2015 7/8/2015 48.17 0.00 0.00 0.00 0.00 48.17
234520 5-082-78261 VO A   7/17/2015 7/17/2015 7/15/2015 1,438.69 0.00 0.00 0.00 0.00 1,438.69
234650 6-497-77693 VO A   7/18/2015 7/18/2015 7/18/2015 35.64 0.00 0.00 0.00 0.00 35.64
          Vendor Total     2,793.83 0.00 0.00 0.00 0.00 2,793.83
JOHN00 Johnnies Office Systems, Inc.                        
234410 168964 VO A   6/27/2015 6/27/2015 6/27/2015 0.00 41.64 0.00 0.00 0.00 41.64
          Vendor Total     0.00 41.64 0.00 0.00 0.00 41.64

 

 

 

 

Date:

Time: User:

Friday, July 17, 2015

11:52AM BSTRIPLING

 

Life Partners Inc

Period Sensitive Aged AP - Detail

Period: 04-16 As of: 6/30/2015

 

Page:

Report:

Company:

3 of 5

03681d.rpt

01

 

Vendor     Master Doc Vendor/ Disc Due Pay     Days Past
Due 31		      
Ref Nbr Inv Nbr Name DocType/RefNbr Type Doc Stat Date Date Date Current 1 To 30 To 60 61 To 90 Over 90 Balance
LEXI00 LexisNexis                        
234652 5019870-2015 VO A     7/13/2015 7/13/2015 15.99 0.00 0.00 0.00 0.00 15.99
234653 5019870-2015 VO A     7/13/2015 7/13/2015 15.99 0.00 0.00 0.00 0.00 15.99
          Vendor Total     31.98 0.00 0.00 0.00 0.00 31.98
MCGR01 City of McGregor                        
234529 10-0133-01 VO A   6/22/2015 7/10/2015 7/7/2015 85.14 0.00 0.00 0.00 0.00 85.14
          Vendor Total     85.14 0.00 0.00 0.00 0.00 85.14
OZAR00 Ozarka                        
234418 15F01169766 VO A   6/16/2015 7/6/2015 7/1/2015 316.97 0.00 0.00 0.00 0.00 316.97
          Vendor Total     316.97 0.00 0.00 0.00 0.00 316.97
PROF00 Professional Building Maintena                        
234532 14146 VO A   7/30/2015 7/30/2015 7/29/2015 784.81 0.00 0.00 0.00 0.00 784.81
234533 14147 VO A   7/30/2015 7/30/2015 7/29/2015 838.94 0.00 0.00 0.00 0.00 838.94
          Vendor Total     1623.75 0.00 0.00 0.00 0.00 1623.75
PURC00 Purchase Escrow Services, LLC     A                  
234468 1235062 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 103.37 0.00 0.00 0.00 103.37
234469 1235074 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 68.23 0.00 0.00 0.00 68.23
234470 1235266 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 536.19 0.00 0.00 0.00 536.19
234471 1235287 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 4.34 0.00 0.00 0.00 4.34
234472 1235349 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 37.57 0.00 0.00 0.00 37.57
234473 1235372 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 90.36 0.00 0.00 0.00 90.36
234474 1235487 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 336.39 0.00 0.00 0.00 336.39
234475 1235488 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 294.34 0.00 0.00 0.00 294.34
234476 1235489 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 420.49 0.00 0.00 0.00 420.49
234477 1235490 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 420.49 0.00 0.00 0.00 420.49
234478 1235491 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 424.52 0.00 0.00 0.00 424.52
234479 1235498 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 104.27 0.00 0.00 0.00 104.27
234480 1235499 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 19.23 0.00 0.00 0.00 19.23
234481 1235500 VO A   6/13/2015 6/13/2015 6/13/2015 0.00 116.03 0.00 0.00 0.00 116.03

 

 

 

 

Date:

Time: User:

Friday, July 17, 2015

11:52AM BSTRIPLING

 

Life Partners Inc

Period Sensitive Aged AP - Detail

Period: 04-16 As of: 6/30/2015

 

Page:

Report:

Company:

4 of 5

03681d.rpt

01

 

Vendor     Master Doc Vendor/ Disc Due Pay     Days Past
Due 31		      
Ref Nbr Inv Nbr Name DocType/RefNbr Type Doc Stat Date Date Date Current 1 To 30 To 60 61 To 90 Over 90 Balance
234482 1235641 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 4.93 0.00 0.00 0.00 4.93
234483 1235832 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 80.97 0.00 0.00 0.00 80.97
234484 1236006 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 271.50 0.00 0.00 0.00 271.50
234485 1236007 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 543.00 0.00 0.00 0.00 543.00
234486 1236282 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 7.18 0.00 0.00 0.00 7.18
234487 1236546 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 13.67 0.00 0.00 0.00 13.67
234488 1236576 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 120.72 0.00 0.00 0.00 120.72
234489 1236597 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 15.60 0.00 0.00 0.00 15.60
234490 1236684 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 734.34 0.00 0.00 0.00 734.34
234491 1236860 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 20.82 0.00 0.00 0.00 20.82
234492 1236868 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 320.88 0.00 0.00 0.00 320.88
234493 1236939 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 11.86 0.00 0.00 0.00 11.86
234494 1236941 VO   A 6/13/2015 6/13/2015 6/13/2015 0.00 26.41 0.00 0.00 0.00 26.41
          Vendor Total     0.00 5,147.70 0.00 0.00 0.00 5,147.70
SECR00 Secretary of State of Texas   A                    
234651 147702374 VO   A 6/30/2015 6/30/2015 6/30/2015 31.00 0.00 0.00 0.00 0.00 31.00
          Vendor Total     31.00 0.00 0.00 0.00 0.00 31.00
SOLA00 SolarWinds   A                    
234523 IN229738 VO   A   7/30/2015 7/22/2015 613.78 0.00 0.00 0.00 0.00 613.78
          Vendor Total     613.78 0.00 0.00 0.00 0.00 613.78
TALX00 TALX Corporation   A                    
234351 1852732 VO   A 7/8/2015 7/8/2015 7/1/2015 408.59 0.00 0.00 0.00 0.00 408.59
234685 1866088 VO   A 8/7/2015 8/7/2015 8/7/2015 767.52 0.00 0.00 0.00 0.00 767.52
          Vendor Total     1,176.11 0.00 0.00 0.00 0.00 1,176.11
THOM03 Thomson Reuters   A                    
234325 15183438 VO H     6/2/2015 6/2/2015 0.00 906.10 0.00 0.00 0.00 906.10
                           
234325 15183438 VO   A   6/02/2015 6/02/2015   0.00 906.10 0.00 0.00 0.00 906.10
          Vendor Total     0.00 906.10 0.00 0.00 0.00 906.10
TIME00 Time Warner Cable   A                    

 

 

 

 

Date:

Time: User:

Friday, July 17, 2015

11:52AM BSTRIPLING

 

Life Partners Inc

Period Sensitive Aged AP - Detail

Period: 04-16 As of: 6/30/2015

 

Page:

Report:

Company:

5 of 5

03681d.rpt

01

 

Vendor     Master Doc Vendor/ Disc Due Pay     Days Past
Due 31		      
Ref Nbr Inv Nbr Name DocType/RefNbr Type Doc Stat Date Date Date Current 1 To 30 To 60 61 To 90 Over 90 Balance
234633 1214136 Jun1 VO A   6/6/2015 6/6/2015 6/6/2015 0.00 1,455.10 0.00 0.00 0.00 1,455.10
          Vendor Total     0.00 1,455.10 0.00 0.00 0.00 1,455.10
UCON00 Frontline eSolutions, LLC     A                  
234530 7CEDDDA1 VO A     7/6/2015 7/6/2015 18.95 0.00 0.00 0.00 0.00 18.95
          Vendor Total     18.95 0.00 0.00 0.00 0.00 18.95
WEST00 Thomson Reuters   A                    
234441 831956911 VO A   7/01/2015   7/01/2015 7/01/2015 480.57 0.00 0.00 0.00 0.00 480.57
          Vendor Total     480.57 0.00 0.00 0.00 0.00 480.57
          Company Total     117,269.74 7,550.54 0.00 0.00 0.00 124,820.28

 

Add back liability for 7/1/15 checks posted to wrong period:    
Millennium Trust Co.  $4,172.03 
Provident Trust Group  $13,845.45 
TOTAL  $142,837.76 

 

 

 

 

Life Partners, Inc.  Case No. 15-41995 EXHIBIT 4
   

 

OTHER TAXES
CK#  DATE  PAYEE  PURPOSE  AMOUNT 
000107  06/10/15  Arizona Department of Revenue  Sales, Use & Other Taxes Paid  $50.00 
000108  06/10/15  Louisiana Dept. of Revenue  Sales, Use & Other Taxes Paid  $2,000.00 
wire  06/03/15  State of Connecticut  Sales, Use & Other Taxes Paid  $250.00 

 

 

 

 

 

Life Partners, Inc. Case No. 15-41995

 EXHIBIT 5
Other Receipts and Disbursements  
30-Jun-15  

 

OTHER RECEIPTS:  Received   Returned   Total 
A/R Collections-Pd in Error  $3,198.00   $3,198.00   $- 
Flow Thru Premiums  $332,105.13   $-   $332,105.13 
from LPI FS  $250,000.00   $-   $250,000.00 
Interest Earned  $14.53   $-   $14.53 
LPI FS Platform Fees Received  $1,938.00   $-   $1,938.00 
Other Inc-dividends on pd out policies  $3.75   $-   $3.75 
Other Income  $0.11   $-   $0.11 
Return of retainer  $6,141.59   $-   $6,141.59 
Transfer from LPIFS  $3,441.77   $-   $3,441.77 
Transferred from LPHI BoTX Acct  $61,398.28   $-   $61,398.28 
Trust Fees  $50.00   $-   $50.00 
 Total Other Receipts   $655,093.16 

 

OTHER DISBURSEMENTS:  Disbursed   Returned   Total 
Premiums Advanced  $143,566.75   $-   $143,566.75 
Bank Fees  $659.70   $264.28   $395.42 
BK Premiums  $1,136.05   $-   $1,136.05 
Courier Services  $1,166.53   $-   $1,166.53 
Flow Thru Premiums  $314,087.65   $-   $314,087.65 
LPI FS Platform Fees Forwarded  $1,938.00   $-   $1,938.00 
Medical Records  $250.00   $-   $250.00 
Outside Services  $6,479.50   $-   $6,479.50 
Payroll Garnishment  $151.86   $-   $151.86 
Payroll-401K deductions  $13,722.40   $-   $13,722.40 
PES Operating Exp  $60,834.03   $-   $60,834.03 
Software Licenses & Support  $5,543.30   $-   $5,543.30 
Tfrd to LPHI BoTX Acct in error  $61,398.28   $-   $61,398.28 
Trust Fees/Cost Reimbursement  $16,789.57   $-   $16,789.57 
Voided Checks  $60,840.14   $60,840.14   $- 
 Total Other  Disbursements   $627,459.34 

 

 

 

LIFE PARTNERS HOLDINGS INC Reports

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