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    Final Decree Question

    We received our notice that our Chapter 7 is closed, but I have a quick question.

    We had an online business with inventory. The trustee had mentioned that they might not want it.
    Does this mean they don't?

    Can we dispose/sell the inventory as we see fit?

    I have a call in to our attorney, but they haven't phoned back yet.

    Thanks!

    #2
    Assuming the case is still open it appears that the inventory would still be the property of the estate until the trustee actually abandons it.
    C7 Filed: 2009-11-06 | 341: 2009-12-14: | DISCHARGED: 2010-02-09
    Condo: Walked away due to 2nd mortgage intransigence; 1st foreclosed. Now totally DEBT FREE!!

    Comment


      #3
      The final decree states the following:

      - XXXXX is discharged as trustee of the estate of the above-named debtor and the bond as pertains to this case is cancelled;

      - the Chapter 7 case of the above-named debtor is closed.

      DONE AND ORDERED on June 24, 2010

      Comment

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