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In re Nichols

In re Nichols

Ruling
Revocable trust was property of the estate.
Procedural posture

A creditor filed a motion seeking a determination that the sole asset of a revocable, self-settled trust established by a Chapter 11 debtor was not property of the estate under 11 U.S.C.S. § 541(a). In addition, the creditor sought relief from stay under 11 U.S.C.S. § 362 to pursue its interest in the trust.

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Consumer opinion summary, case decided on September 17, 2010 , LexisNexis #1010-054