MEMORANDUM OPINION
BERNARD MARKOVITZ, Bankruptcy Judge.
Carl and Bella Schachter, principals of Debtor, have objected to the distribution of property proposed by the Chapter 7 trustee. They maintain that they are subrogated to the rights of First Seneca Bank, the Internal Revenue Service ("IRS"), and Pittsburgh National Bank ("PNB") because they, i.e., the Schachters, have paid debts owed by Debtor to these creditors.
For the reasons hereinafter...
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