6th Cir. Holds Debtors Could Compel Abandonment of Home If Little Eq...

6th Cir. Holds Debtors Could Compel Abandonment of Home If Little Equity Available
Lexology (registration)
Husband and wife debtors filed a petition under chapter 7 of the Bankruptcy Code, listing their home on their schedules as having an appraised value of $108,000 and a mortgage of $91,581. The bankruptcy trustee moved to evict the debtors, arguing that ...