Bankr. No.:
05-40048
Chapter:
7
Date of Decision:
August 11, 2005
Issue:
Whether Chapter 7 trustee’s stipulation with the debtors would be approved where stipulation provided the debtors would retain about $11,000 in non exempt personal property by paying the estate $6,000?
Ruling:
The stipulation was not approved because the Court could not determine from the record whether the $6,000 "sale" price was fair and reasonable as an attempt to maximize estate assets.
Full Bankruptcy Court Decision:
