Abandonment (Amended December 1, 2019)
U.S. Bankruptcy Court for the Middle District of Georgia
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(a) Abandonment by Chapter 7 Trustee at 11 U.S.C. § 341 Meeting of Creditors. (1) At the 11 U.S.C. § 341 meeting of creditors, a Trustee in a Chapter 7 case may announce the abandonment of all or any portion of scheduled property of the estate and/or sign a notice of intent to abandon prepared and presented at the 11 U.S.C. § 341 meeting of creditors by any party in interest. (2) An objection to such abandonment shall be in writing, filed with the Clerk of Court, and served upon the Trustee, debtor, debtor's attorney, and any known lien-holders within 14 days after the meeting of creditors. If no such objection is filed and served, the property shall be deemed abandoned without further notice or hearing.
(3) If an objection is filed to a proposed abandonment by the Trustee, the Court shall set a hearing date and give notice to all parties in interest. (b) Other Abandonments: A notice of intent to abandon (filed by the Trustee or debtor) or motion to compel abandonment (filed by any other entity shall include a description of the property, state the reason the property should be abandoned, state the estimated value of the property, and make clear the date of the abandonment. 30 Back to TOC PART VII.