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IN RE WAKE

Bankruptcy No. 97-21365.

222 B.R. 35 (1998)

In re Richard & Constance WAKE, Debtors.

United States Bankruptcy Court, W.D. New York.

June 23, 1998.

Attorney(s) appearing for the Case

Warren H. Heilbronner, Rochester, NY, Chapter 7 Trustee.

Lacy, Katzen, Ryen & Mittleman, L.L.P., Rochester, NY, for Debtor.

DECISION & ORDER

JOHN C. NINFO, II, Bankruptcy Judge.

BACKGROUND

On April 15, 1997, Richard W. Wake ("Richard Wake") and Constance A. Wake ("Constance Wake") (collectively the "Debtors") filed a petition initiating a Chapter 7 case. The Debtors schedules, required to be filed by Section 521 and Rule 1007, indicated that: (1) The Debtors, who formerly did business as Venture Investment Properties, jointly owned a personal residence and twenty...

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