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MATTER OF OLEN

Bankruptcy No. 80-06971-B.

15 B.R. 750 (1981)

In the matter of David J. OLEN, Debtor.

United States Bankruptcy Court, E.D. Michigan.

November 25, 1981.

Attorney(s) appearing for the Case

August, Thompson, Sherr, Clarke & Schafer, P.C. by Irving A. August, Birmingham, Mich., for debtor.

OPINION

GEORGE BRODY, Bankruptcy Judge.

On December 3, 1980, Dr. David J. Olen, a psychiatrist, filed a petition in bankruptcy. The debtor was hopelessly insolvent. The schedules list tax claims of $160,000.00; secured indebtedness of $168,000.00 and unsecured debt of $329,000.00, and assets of approximately $10,000.00, all of which were claimed as exempt. The debtor's attorney filed a disclosure statement indicating that he received a fee of $2,500.00 from...

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