Local Rule LOCAL RULE 6004-1: SALE OF ESTATE PROPERTY
Bankr. M.D.N.C. — General rule
LOCAL RULE 6004-1 SALE OF ESTATE PROPERTY Sale of Unencumbered Property.
A chapter 7 trustee or chapter 11 debtor in possession may sell unencumbered property of the estate outside the ordinary course of business under 11 U.S.C. § 363(b) without order of the court, provided that: (1) the trustee or debtor in possession does not seek any relief beyond the scope of 11 U.S.C. § 363(b), such as the distribution of sale proceeds or relief under 11 U.S.C. § 363(f); (2) notice of the proposed sale is given in accordance with Rules 2002 and 6004 of the Federal Rules of Bankruptcy Procedure, as applicable; and (3) no timely objection is filed. The notice must be docketed, along with evidence of proper service.