IN RE FARMER

No. 02-16039-7.

295 B.R. 322 (2003)

In re Jeanne Elaine FARMER, Debtor.

United States Bankruptcy Court, W.D. Wisconsin.

June 18, 2003.


Attorney(s) appearing for the Case

Tim A. Korf, Olstad & Korf LLP, Stevens Point, WI, for Debtor.

Mark J. Wittman, Gorski & Wittman, S.C., Marshfield, WI, for Trustee.


MEMORANDUM OPINION, FINDINGS OF FACT, AND CONCLUSIONS OF LAW

THOMAS S. UTSCHIG, Bankruptcy Judge.

The principal role of the chapter 7 bankruptcy trustee is to liquidate the debtor's nonexempt assets and distribute the proceeds to unsecured creditors. The challenge is that in most cases the debtor has few assets at all, let alone ones that do not qualify for an exemption. In this case, however, the trustee believes that a nonexempt asset exists. Namely...

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