MEMORANDUM
JAMES N. GABRIEL, Bankruptcy Judge.
The debtor, Henry K. Hyder ("the debtor" or "Hyder"), filed a voluntary Chapter 7 proceeding on December 8, 1980. The debtor's Schedule of Liabilities shows total debts of $4,351,323, $4,172,185 of which are general unsecured liabilities. The value of the debtor's assets is stated to be $92,000; all assets are claimed exempt and/or the amount of the encumbrances are claimed to exceed the value of the property...
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