Consumer Bankruptcy Journal Winter 2016 - Page 39

ABANDON REAL ESTATE PROPERTY “compels” the Bankruptcy Trustee to give the exempt house back to the Debtor. Once the home is no longer part of the Bankruptcy Estate, if the value goes up above the exempt amount it does not matter. The increase in value belongs to your client. What Judges Think About Motion to Compel the Trustee to Abandon Real Property I was at a Bankruptcy seminar where there was a question and answer se ÍÍ¥½¸Ý¥Ñ Í•Ù•É…° …¹­ÉÕÁэä))Ց•Ì¸=¹”½˜Ñ¡”ÅՕÍÑ¥½¹Ì™½È)Ñ¡”Á…¹•°Ý…̃Šq]¡…Ё݅́ѡ”µ½ÍÐ)½µµ½¸)µ…±ÁɅÑ¥”)µ¥Íх­”)‰…¹­ÉÕÁэ䁅Ñѽɹ•ǻµ…­”ÿŠtQ¡”))Ց•Ì…É••Ñ¡…Ё¥ÐÝ…́‰…¹­ÉÕÁэä)…Ñѽɹ•çŠé™…¥±ÕɔÑ¼™¥±”„5½Ñ¥½¸Ñ¼) ½µÁ•°‰…¹‘½¹µ•¹ÐÑ¼É•µ½Ù”Ñ¡”)¡½µ”™É½´Ñ¡”‰…¹­ÉÕÁэ䁕Íхє¸)=¹”)Ց”Í…¥¡”Ý…́ͥ¬Ñ¼()¡¥ÌÍѽµ… Ý¡•¸¡”¡…Ñ¼Ñ•±°„)¡Õ͉…¹…¹Ý¥™”¥¸Ñ¡•¥È€àÊéѡ…Ð)Ñ¡” …¹­ÉÕÁэäQÉÕÍѕ”‘¥¡…Ù”Ñ¡”)É¥¡ÐÑ¼Í•±°Ñ¡•¥È¡½µ”…¹­¥¬Ñ¡•´)½ÕиQ¡” …¹­ÉÕÁэä)Ց”•áÁ±…¥¹•)ѼÑ¡•´Ñ¡…а‰•…Õ͔Ñ¡•¥È¡½µ”¡…)¥¹É•…Í•¥¸Ù…±Õ”°Ñ¡•É”Ý…́¹½Ü)•ÅÕ¥Ñ䁅‰½Ù”Ý¡…Ёѡ”¡½µ•Íѕ…)•á•µÁÑ¥½¸ÁɽѕÑ•¸ •…Õ͔½˜Ñ¡…а)Ñ¡” …¹­ÉÕÁэäQÉÕÍѕ”½Õ±Í•±°Ñ¡•¥È)¡½µ”¸)]½Õ±å½ÔÝ…¹ÐÑ¼‰”Ñ¡…Ё‰…¹­ÉÕÁэä)…Ñѽɹ•äüAɽ‰…‰±ä¹½Ð¸ÍÁ•¥…±±ä)Ý¡•¸Ñ¡”±¥•¹Ñ́™¥¹½ÕЁѡ•ä½Õ±¡…Ù”)­•ÁЁѡ•¥È¡½µ”°¡…Ñ¡”‰…¹­ÉÕÁэä)…Ñѽɹ•ä©ÕÍЁ™¥±•„5½Ñ¥½¸Ñ¼ ½µÁ•°)Ñ¡”QÉÕÍѕ”Ñ¼…‰…¹‘½¸Ñ¡”¡½µ”…Ёѡ”)‰•¥¹¹¥¹œ½˜Ñ¡”…Í”¸)M½µ”‰…¹­ÉÕÁэ䁅Ñѽɹ•ǻ±¥­”Ñ¡”½¹”)$‘•ÍÉ¥‰•°Í¥µÁ±ä‘¼¹½Ð­¹½Ü…‰½ÕÐ)Ñ¡”¥ÍÍՔ¸=Ñ¡•È‰…¹­ÉÕÁэ䁅Ñѽɹ•åÌ)­¹½ÜÑ¡”¥ÍÍՔ°‰ÕЁ…É”…™É…¥Ñ¡•äÝ¥±°)±½Í”Ñ¡”Á½Ñ•¹Ñ¥…°±¥•¹Ð¥˜Ñ¡•ä¡…ɝ”()9…Ñ¥½¹…°Íͽ¥…Ñ¥½¸½˜ ½¹ÍÕµ•È …¹­ÉÕÁэäÑѽɹ•å̀$(($(($()]¥¹Ñ•È€ÈÀÄØ()µ½É”Ñ¡…¸Ñ¡”‰…¹­ÉÕÁэ䁅Ñѽɹ•ä)‘½Ý¸Ñ¡”ÍÑɕ•Ð¡…ɝ•Ì™½ÈÑ¡”…‘‘•)͕ÉÙ¥•Ì¸)9½Ð™¥±¥¹œ„5½Ñ¥½¸Ñ¼ ½µÁ•°)‰…¹‘½¹µ•¹Ð™½Èå½Õȁ±¥•¹Ñ́µ…䁉”)™¥¹”¥¸±•…ɱ䃊q¹¼…Í͕ӊt…͕́¥˜Ñ¡”)¡½µ”¥ÌÕÁÍ¥‘”‘½Ý¸¥¸Ù…±Õ”…¹)Ñ¡•É”¥Ì¹¼¡…¹”½˜…¹äÉ•…¡…‰±”)¹½¸µ•á•µÁЁ•ÅÕ¥Ñ䁥¸Ñ¡”™½É•Í••…‰±”)™ÕÑÕɔ¸%¸µ…¹ä…͕́¡½Ý•Ù•È°å½Ô)ÁÕЁå½Õȁ±¥•¹Ð…ЁÉ•…Ёɥͬ¥˜å½Ô‘¼¹½Ð)™¥±”„5½Ñ¥½¸Ñ¼ ½µÁ•°‰…¹‘½¹µ•¹Ð)½˜Ñ¡”¡½µ”¸$¡…Ù”™½Õ¹Ñ¡…а½¹”)•áÁ±…¥¹•°±¥•¹Ñ́…É”•¹•É…±±äÝ¥±±¥¹œ)ѼÁ…䁙½ÈÑ¡”•áÑɄÍ•ÉÙ¥•Ì¥¹Ù½±Ù•Ñ¼)ÁɽѕÐÑ¡•¥Èµ½ÍЁ¥µÁ½Éх¹Ð…Í͕аÑ¡•¥È)¡½µ”¸)$Í•”µ…¹ä‰…¹­ÉÕÁэ䁅Ñѽɹ•ǻµ¥ÍÌ)Ñ¡”‰½…Ё½¸Ñ¡¥Ì¥ÍÍՔ¸Q¡” …¹­ÉÕÁэä)QÉÕÍѕ—ŠéÍÕɔ­¹½Ü…‰½ÕЁ¥Ð¸e½Ô)Í¡½Õ±Ñ½¼¸() =9MU5H 9-IUAQ d)=UI90((Ìä((