Item 1. Business
Not Applicable
Item 2.
Item 2. Properties
Not Applicable
Item 3.
Item 3. Legal Proceedings
Not Applicable
Item 4.
Item 4. Submission of Matters To A Vote of Security Holders
Not Applicable
Item 5.
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters
The Notes issued by TIERS Asset-Backed Securities, Series CHAMT Trust 1997-7 representing investors' interests in the Trust are represented by one or more physical Certificates registered in the name of "Cede & Co.", the nominee of The Depository Trust Company. To the best knowledge of the registrant, there is no established public trading market for the Notes.
Item 6.
Item 6. Selected Financial Data
Not Applicable
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
Not Applicable
Item 8.
Item 8. Financial Statements and Supplementary Data
Not Applicable
Item 9.
Item 9. Changes In and Disagreements With Accountants on Accounting and Financial Disclosure
Not Applicable
Item 10.
Item 10. Directors and Executive Officers of the Registrant
Not Applicable
Item 11.
Item 11. Executive Compensation
Not Applicable
PART II Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management
(a) Not Available
(b) Not Applicable
(c) Not Applicable
Item 13.
Item 13. Certain Relationships and Related Transactions
None
PART IV Item 14.
Item 14. Exhibits, Financial Schedules and Reports on Form 8-K
(a) The following documents are also filed as part of this Report:
3. i) Report of Aston Bell & Associates
ii) Schedule of Receipts and Disbursements
iii) Schedule of Assets and Changes in Asset Position
(b) None
(c) See item 14(a) (3) above
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
TIERS Asset-Backed Securities Series CHAMT Trust 1997-7
By: Delaware Trust Capital Management, Inc., not in its individual capacity, but solely as Owner Trustee on behalf of TIERS Asset-Backed Securities, Series CHAMT Trust 1997-7
By: /s/ Sterling C. Correia --------------------------------------- Name: Sterling C. Correia Title: Vice President
Dated as of : December 31, 2000
TIERS Asset-Backed Securities, Series CHAMT Trust 1997-7 Financial Statement For The Year Ended June 30, 2000 Together with Auditors’ Report
TIERS Asset-Backed Securities, Series CHAMT Trust 1997-7
-----------------
Description Pages
Independent Auditors' Report 7
Schedule of Cash Receipts and Disbursements 8 for the year ended June 30, 2000
Notes to Financial Statement 9-10