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Motions to Abandon

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Motions to Abandon

11-25-2008, 03:00 PM	#1
Repair Bad Credit Elite Member Join Date: Aug 2006 Posts: 2,121	In a Chapter 7 case, usually property that can’t be exempted is sold and distributed to creditors by the trustee. However, at times property is burdensome or of little value to the bankruptcy estate. In these circumstances, abandonment of the property is appropriate. If the case is going to be open for [...] More...

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