UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                      ----

                                    FORM 10-K


     (Mark One)

     [X] ANNUAL  REPORT  PURSUANT  TO SECTION  13 OR 15(d) OF THE  SECURITIES
         EXCHANGE ACT OF 1934

     For the fiscal year ended December 31, 2007

                                       or

     [ ]  TRANSITION  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
          EXCHANGE ACT OF 1934

     For the transition period from ________ to ________

                        Commission File Number: 001-31411


                               filed on behalf of:
Corporate Backed Trust Certificates, Motorola Debenture-Backed Series 2002-14
                                      Trust
-------------------------------------------------------------------------------
            (Exact Name of Registrant as Specified in Its Charter)

                                       by:
                             Lehman ABS Corporation
-------------------------------------------------------------------------------
            (Exact Name of Depositor as Specified in Its Charter)

                   Delaware                               13-3447441
---------------------------------------------   -------------------------------
(State or other jurisdiction of incorporation   (I.R.S. Employer Identification
               or organization)                              No.)

745 Seventh Avenue, New York, New York             10019
---------------------------------------         -------------
 (Address of principal executive                (Zip Code)
             offices)

     Registrant's telephone number, including area code: (212) 526-7000
                                                         --------------

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class                   Name of Each Exchange on Which Registered
-------------------                   -----------------------------------------
Corporate Backed Trust Certificates,     New York Stock Exchange ("NYSE")
Motorola Debenture-Backed Series
2002-14

Securities registered pursuant to Section 12(g) of the Act:   None

Indicate by check mark if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act.
Yes [ ] No [X]



<PAGE>


Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act.
Yes [ ] No [X]

Indicate by check mark whether the registrant: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K (ss. 229.405) is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K. [X]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer," "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act. (Check one):
<TABLE>
<CAPTION>
<S>                         <C>                   <C>                       <C>
Large Accelerated Filer [ ] Accelerated Filer [ ] Non-Accelerated Filer [X] Smaller Reporting Company [ ]
</TABLE>

Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Act).
Yes [ ] No [X]

State the aggregate market value of the voting and non-voting common equity held
by nonaffiliates computed by reference to the price at which the common equity
was last sold, or the average bid and asked price of such common equity, as of
the last business day of the registrant's most recently completed second fiscal
quarter.

      The registrant has no voting stock or class of common stock that is held
by nonaffiliates.



                       DOCUMENTS INCORPORATED BY REFERENCE

The distribution reports to security holders filed on Form 8-K during the fiscal
year in lieu of reports on Form 10-Q which include the reports filed on Form 8-K
listed in Item 15(a) hereto are incorporated by reference into part IV of this
Annual Report.

                                Introductory Note

Lehman ABS Corporation (the "Depositor") is the Depositor in respect of the
Corporate Backed Trust Certificates, Motorola Debenture-Backed Series 2002-14
Trust (the "Trust"), a common law trust formed pursuant to the Standard Terms
for Trust Agreements, dated as of January 16, 2001, between the Depositor and
U.S. Bank Trust National Association, as trustee (the "Trustee"), as
supplemented by a Series Supplement (the "Series Supplement") dated as of July
19, 2002 in respect of the Trust. The Trust's assets consist solely of
debentures issued by Motorola, Inc. The Certificates do not represent
obligations of or interests in the Depositor or the Trustee.

Motorola, Inc., the issuer of the underlying securities, is subject to the
information reporting requirements of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"). For information on the issuer of the underlying
securities, please see its periodic and current reports filed with the
Securities and Exchange Commission (the "Commission") under Motorola, Inc.'s
Exchange Act file number, 001-07221. The Commission maintains a site on the
World Wide Web at "http://www.sec.gov" at which users can view and download
copies of reports, proxy and information statements and other information
regarding issuers filed electronically through the Electronic Data Gathering,
Analysis and Retrieval system, or "EDGAR." Periodic and current reports and
other information required to be filed pursuant to the Exchange Act by the
issuer of the underlying securities may be accessed on this site. Neither the
Depositor nor the Trustee has participated in the preparation of such reporting
documents, or made any due diligence investigation with respect to the
information provided therein. Neither the Depositor nor the Trustee has verified
the accuracy or completeness of such documents or reports. There can be no
assurance that



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<PAGE>


events  affecting  the issuer of the  underlying  securities  or the  underlying
securities have not occurred or have not yet been publicly disclosed which would
affect  the  accuracy  or  completeness  of  the  publicly  available  documents
described above.

                                     PART I

Item 1.  Business.
      Not Applicable

Item 1A. Risk Factors.
      Not Applicable

Item 1B. Unresolved Staff Comments.
      Not Applicable

Item 2.  Properties.
      Not Applicable

Item 3.  Legal Proceedings.
      None

Item 4.  Submission of Matters to a Vote of Security Holders.
      None

                                     PART II

Item 5.  Market for Registrant's Common Equity, Related Stockholder Matters
and Issuer Purchases of Equity Securities.
      The publicly offered Certificates representing investors' interest 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. Those
publicly offered Certificates are listed on the NYSE.

Item 6.  Selected Financial Data.
      Not Applicable

Item 7.  Management's Discussion and Analysis of Financial Condition and
Results of Operation.
      Not Applicable

Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
      Not Applicable

Item 8.  Financial Statements and Supplementary Data.
      Not Applicable

Item 9.  Changes in and Disagreements With Accountants on Accounting and
         Financial Disclosure.
      None

Item 9A. Controls and Procedures.
      Not Applicable

Item 9A(T). Controls and Procedures.
      Not Applicable

Item 9B. Other Information.
      None


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<PAGE>

                                    PART III

Item 10. Directors, Executive Officers and Corporate Governance.
      Not Applicable

Item 11. Executive Compensation.
      Not Applicable

Item 12. Security Ownership of Certain Beneficial Owners and Management and
         Related Stockholder Matters.

      Not Applicable

Item 13. Certain Relationships and Related Transactions, and Director
         Independence.
      None

Item 14. Principal Accountant Fees and Services.
      Not Applicable


                                     PART IV

Item 15.  Exhibits, Financial Statement Schedules.

      (a) The following documents have been filed as part of this report.

          1.   Trustee's   Distribution   Statements   documented  on  Form  8-K
               regarding   the    distributions    from   the   Trust   to   the
               certificateholders  for the period from  January 1, 2007  through
               and  including  December  31,  2007  have  been  filed  with  the
               Securities and Exchange Commission and are hereby incorporated by
               reference. Filing dates are listed below:

      -------------------------------------------------------------------------
                       Trust Description             Distribution    Filed on
                                                         Date
      -------------------------------------------------------------------------
      Corporate Backed Trust Certificates,            05/15/2007    05/24/2007
      Motorola Debenture-Backed Series 2002-14        11/15/2007    11/27/2007
      Trust
      -------------------------------------------------------------------------


          2.   None.

          3.   Exhibits:

                  31.1 - Certification by Senior Vice President of the
                  Registrant pursuant to 15 U.S.C. Section 7241, as adopted
                  pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

                  31.2 - Annual Compliance Report by Trustee pursuant to 15
                  U.S.C. Section 7241, as adopted pursuant to Section 302 of the
                  Sarbanes-Oxley Act of 2002.

                  The trust covered by this Annual Report was formed prior to
                  June 30, 2003 and there is no requirement in the trust
                  agreement for the preparation of a report by an independent
                  public accountant regarding the Trustee's compliance with its
                  obligations.

      (b) See Item 15(a) above.

      (c) Not Applicable.


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<PAGE>


                                   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.

                              Lehman ABS Corporation, as Depositor for the
                              Trust (the "Registrant")



Dated:  March 26, 2008         By:/s/ Scott Barek
                                  ---------------------------
                                   Name:  Scott Barek
                                   Title: Senior Vice President



                                       5
<PAGE>


                                  EXHIBIT INDEX

      -------------------------------------------------------------------------
       Reference
      Number per                                                Exhibit
      Item 601 of                                                Number
      Regulation                                                in this
          SK           Description of Exhibits                Form 10-K
      -------------------------------------------------------------------------
     (31.1)            Certification by Senior Vice                31.1
                       President of the Registrant pursuant
                       to 15 U.S.C. Section 7241, as adopted
                       pursuant to Section 302 of the
                       Sarbanes-Oxley Act of 2002.
      -------------------------------------------------------------------------
      31.2)            Annual Compliance Report by Trustee
                       pursuant to 15 U.S.C. Section 7241,
                       as adopted pursuant to Section 302 of       31.2
                       the Sarbanes-Oxley Act of 2002.
      -------------------------------------------------------------------------




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