In re Helmers
Jan
30
2007
Ruling
Voluntary dismissal granted as better serving interests of creditors than conversion to chapter 7.
Procedural posture
After debtors, a husband and wife, filed a chapter 11 bankruptcy, the U.S. Trustee ("UST") filed a motion pursuant to 11 U.S.C. § 1112(b) to convert the case to a proceeding under chapter 7 for cause. Debtors objected to conversion and sought an outright dismissal thereof.
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Court
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