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IN RE HART

Bankruptcy No. LA 84-08461-LF.

76 B.R. 774 (1987)

In re Edward Wesley HART, aka Edward W. Hart, aka E.W. Hart, and Doris Jane Hart, aka Doris J. Hart, aka D. Jane Hart, Debtor.

United States Bankruptcy Court, C.D. California.

June 17, 1987.

Attorney(s) appearing for the Case

Danning, Gill, Gould, Diamant & Spector, Los Angeles, Cal., for trustee.

Jacoby & Meyers, Los Angeles, Cal., for debtor.

MEMORANDUM OPINION RE CHAPTER 7 TRUSTEE'S APPLICATION TO LEAVE ASSET UNADMINISTERED

LISA HILL FENNING, Bankruptcy Judge.

The Chapter 7 Trustee seeks permission to close a nearly three-year old case without waiting for final resolution of the estate's $30,000 claim against Universal Financial Corporation ("Universal"). Universal is itself currently in a federal court receivership. The estate holds an undisputed fractional interest in a deed of trust secured...

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