Oct
24
2012
Ruling:
Trustee not entitled to commission on proceeds from sale of property distributed to non- debtor spouse.
Procedural posture:
The chapter 7 trustee sought approval of his final report. Debtor and his non-debtor wife, filed objections. At issue was whether the trustee was entitled to a commission, under 11 U.S.C.S. § 326(a), on proceeds that were distributed to the debtor's wife for her interest in property that the trustee sold pursuant to 11 U.S.C.S. § 363(h).
Issue:
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Consumer case opionion summary, case decided on October 24,2012, LexisNexis #1112-039