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Based on the way that the trustees get a "commision". If there were some assets, especially when the debtor is willing to buy the asset back (equity in a car, etc.). Wouldn't this be a little incentive for the trustee to give you the benefit of the doubt if you were on the fence regarding meeting the Chap 7 requirements?
Please read my post above. The (panel) Trustee has absolutely nothing to do with dismissing a case. Things related to the actual administration of who gets Chapter 7 discharges, is left to the Office of the United States Trustee (UST).
This is a separation of powers and duties that work! That's why I don't think we need to bother the way this system is operating.
Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10) Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
Well it looks like I am also caught up in this. Filed on 9/29/10 - 341 not until 11/24. Got a call from my attorney today trustee is already questioning if my business has any goodwill value - sole proprietor personal services -- trustee mentioned $5k maybe to abandon. There is zero "goodwill" value, if I walked out tomorrow could not sell. Seems though the trustee is looking at trying to make a quick $1250. Attorney says they could file a motion to abandon - $900.00. It seems like pure extortion to me.
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