In re Reeves
Mar
08
2011
Ruling
Debtors' claimed exemption did not preclude trustee's sale of property.
Procedural posture
Debtors filed a petition under Chapter 7 of the Bankruptcy Code and a trustee was appointed to administer the debtors' bankruptcy estate. The trustee filed a motion for authority to conduct a sale of real property the debtors owned, free and clear of liens, and to approve a carve out for administrative costs and unsecured claims. The debtors filed an objection to the trustee's motion.
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Court
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