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IN RE PAOLELLA

Bankruptcy Nos. 87-00124F, 87-00125F.

85 B.R. 974 (1988)

In re Lawrence PAOLELLA, Jr., Linda M. Paolella, Debtors. In re Michael PAOLELLA and Georgette M. Paolella, Debtors.

United States Bankruptcy Court, E.D. Pennsylvania.

As Amended May 18, 1988.

Attorney(s) appearing for the Case

Jack K. Miller, Mitchell W. Miller, Miller and Miller, Philadelphia, Pa., for the debtors, Lawrence Paolella, Jr., et ux. and Michael Paolello, et ux.

Kevin Walsh, Adelman Lavine Gold & Levin, Philadelphia, Pa., for Larry Waslow, objector.

Paul A. Patterson, White and Williams, Philadelphia, Pa., for Maryland Nat. Indus. Finance Corp., now known as MNC Commercial Corp.

Joseph Finlay, Pincus, Verlin, Hahn & Reich, Philadelphia, Pa., trustee/objector.

MEMORANDUM OPINION

BRUCE I. FOX, Bankruptcy Judge:

This dispute involves the debtors' requests for orders pursuant to 11 U.S.C. § 554 requiring the trustee to abandon the properties which serve as their residences.1 The debtors claim that their respective estates have no equity in the properties, so that continued administration will be "burdensome to the estate" or "of inconsequential value and benefit to the estate". The...

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