DECISION & ORDER
JOHN C. NINFO, II, Chief Judge.
BACKGROUND
On November 3, 1999, David M. Nye and Debra J. Nye (the "Debtors") filed a petition initiating a Chapter 7 case. On November 3, 1999, the Debtors filed the Schedules and Statements required by Section 521 and Rule 1007 which indicated that they had an equity interest of $3,000.00 in a Land Contract in connection with their residence at 56 West Avenue, Arkport, New York (the...
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