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· 7/31/2003

Rambo v. Chase Manhattan Mortgage Corp. (In Re Rambo)

Citations

  • 297 B.R. 418
  • 2003 Bankr. LEXIS 975
  • 41 Bankr. Ct. Dec. (CRR) 214
  • 2003 WL 22006284

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • concluding that the trustee would not seek to sell an asset that had over $60,000 of equity because, after considering the costs of sale and administration of the estate, there would be no benefit to creditors of the estate
  • A trustee is instructed “to sell only those secured assets that will generate funds for the benefit of unsecured creditors.”
  • “Indeed the Chapter 7 trustee is specifically instructed by the United States Trustee to sell only those secured assets that will generate funds for the benefit of unsecured creditors.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Diane Weiss Sigmund

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Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.