In re Goldsboro

Ruling: 
Debtors' economic stimulus payments were property of the estate and subject to turnover.
Procedural posture: 
Two pairs of debtors had filed for relief under chapter 7 of the Bankruptcy Code. In both proceedings, a chapter 7 trustee, filed a motion for the debtors' to turnover payments they received under the Economic Stimulus Act of 2008, Pub. L. No. 110-185, 122 Stat. 613, as property of the estate, pursuant to 11 U.S.C.S. §§ 521 and 542. The court held a hearing and issued findings of fact and conclusions of law.
Issue: 
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Consumer case opionion summary, case decided on September 26,2008, LexisNexis #0109-016