Order Denying Defendant's Motion For Reconsideration March 20, 1989.
ORDER ON APPEAL
CHURCHILL, District Judge.
Factual Setting
On December 1, 1987, Lloyd and Marcella Seifert ("Debtors") filed for relief under Chapter 7 of the federal bankruptcy code. On Schedule B-1, Debtors listed a land contract vendee interest in 6.4 acres of real property located in Gratiot County, Michigan. Debtors indicated that the fair market value of the...
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