[Download] "In re Terjen" by Fourth Circuit U.S. Court Of Appeals # eBook PDF Kindle ePub Free

eBook details

Title: In re Terjen
Author : Fourth Circuit U.S. Court Of Appeals
Release Date : January 05, 1994
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 45 KB

Description

Opinion Per Curiam: Judith Boyd Terjen appeals from the district court's order affirming the bankruptcy court's order overruling her objections to the Trustee's Final Report and Account before Distribution. At issue are the tax consequences of the Trustee's abandonment of real property pursuant to 11 U.S.C. § 554 (1988). Terjen filed a petition for relief under Chapter 11 of the Bankruptcy Code in July 1989. In December 1989, her case was converted to a Chapter 7 liquidation. Frank Santoro was appointed Trustee the following month. At the meeting of creditors (11 U.S.C. § 341 (1988)) which took place on February 21, 1990, the Trustee abandoned the estate's interest in Terjen's residence pursuant to 11 U.S.C. § 554 (1988).