Source: http://kirschenbaumesq.com/article/united-states-bankruptcy-court-ed-new-york-in-re-frederick-schoenewerk-and-lorrie-a-schoenewerk-d-b-a-collision-concepts-corp-d-b-a-olympic-collision-corp-debtors-no-802-82063-288-june-16-2003
Timestamp: 2019-04-21 22:35:31+00:00

Document:
United States Bankruptcy Court, E.D. New York. In re Frederick SCHOENEWERK and Lorrie A. Schoenewerk d/b/a Collision Concepts Corp. d/b/a Olympic Collision Corp., Debtors. No. 802-82063-288. June 16, 2003.
interest in debtors' interest in their residence.
indebtedness, did not thereby abandon residence as asset of estate.
case had not been closed. Bankr.Code, 11 U.S.C.A. § 554.
dispose of property of the estate. Bankr.Code, 11 U.S.C.A. § 725.
possess sufficient information. Bankr.Code, 11 U.S.C.A. § 554.
abandonment of that claim. Bankr.Code, 11 U.S.C.A. § 554.
Key Number graphic 51k3011 k. Liabilities in General; Accounting.
substantive provision of the Bankruptcy Code. Bankr.Code, 11 U.S.C.A.
§ 101 et seq.; Fed.Rules Bankr.Proc.Rule 1001 et seq., 11 U.S.C.A.
*60 Jerome Lee Davidow, New York City, for Debtors.
Kirschenbaum & Kirschenbaum, Garden City, NY, for Trustee.
entirely without merit on its face.
with a local real estate broker.
FN1. The asking price was originally $265,000.
claims are now due by September 3, 2003.
how to dispose of property of the estate.
or personal property. In re Ozer, 208 B.R. 630 (Bankr.E.D.N.Y.1997).
entitled to very serious consideration out of respect to one's peers.
later reversed as an abuse of discretion.
735 (Bankr.W.D.Pa.2002); See also In re Alcorn, 252 B.R.
most minimal form of due diligence required under Fed. R.
Bankr.P. 9011 before signing his name to a pleading.
substantial value in the nonexempt equity in their residence.
at the time of the closing of a case is abandoned to the debtor ..."
becomes effective only upon the closing of the case.
fully administered if no timely objection is filed.
FN8. 11 U.S.C. § 704(9).
and the United States trustee. This Rule sets up a "default rule"
13 pursuant to 28 U.S.C. § 586."
to the panel trustee for "administering" a no-asset chapter 7 case.
of the chapter 7 petition by operation of law.
order of the bankruptcy court."
trustee in the first place.
(Bankr.N.D.Ill.1998), aff'd, Popa v. Peterson, 238 B.R.
the debtors, to which the trustee or the debtors may file objections.
trustee relied upon to the prejudice of the creditors of this estate.
debtors. The enclosure letter explicitly states that the "surveyor"
less than ninth months before the date of the "market survey."
disinterested appraiser to begin with.
agreement for the property with an unrelated third party, and as Mr.
to the debtor and the debtors' counsel.
perhaps considerably more in net proceeds of sale.
purchase of replacement homes of chapter 7 debtors.
judicial notice, the debtors' motion is denied without prejudice.
disruptive as possible, and the season is already well underway.
trustee's duties under this title ..."

References: § 554
 § 725
 § 554
 § 554

§ 101
 § 704
 § 586
 v.