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IN RE RYAN

No. 98-18266-RGM.

261 B.R. 867 (2001)

In re John E. RYAN, Debtor.

United States Bankruptcy Court, E.D. Virginia, Alexandria Division.

April 6, 2001.

Attorney(s) appearing for the Case

Donald F. King, Fairfax, VA, for trustee.

Richard G. Hall, Annandale, VA, for debtor.

MEMORANDUM OPINION

ROBERT G. MAYER, Bankruptcy Judge.

This case is before the court on the chapter 7 trustee's motion to sell residential rental real property and the debtor's competing offer. The trustee sought authority to sell the property to a third party for $370,000.00. The debtor objected, asserting that his offer of $50,000 would net the estate $5,000.00 more than the trustee's proposed sale. This case offers an insight into the manner in...

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