Local Rule RULE 6007-1: ABANDONMENT
Bankr. W.D. Ky. — General rule
RULE 6007-1 ABANDONMENT
(a) Notice of Abandonment Contained in the Section 341 Meeting Notice. The Section 341 meeting notice states that the trustee, upon the filing of a report of no distribution with the Clerk, proposes to abandon all property which is of no value to the estate. All property of the estate will, therefore, be deemed abandoned if:
(1) A report of no distribution is filed by the trustee; and
(2) No objections are filed within thirty (30) days from the report of no distribution.
(b) Creditor Motion for Abandonment. When the above two conditions are not met and a creditor wishes to move for abandonment of property, these procedures shall be followed:
(1) Service. A motion for a proposed abandonment by a party in interest shall be served on: (i) the trustee; (ii) the debtor or debtor-in-possession; (iii) the debtor's or debtor-in-possession's attorney; (iv) any committees' attorney; (v) any person or entity claiming an interest in or lien against the property to be abandoned; and (iv) all creditors.
(2) A motion for a proposed abandonment shall contain: (i) security interest information formatted similar to Motion By Secured Creditor for Abandonment of Property, Local Form E; (ii) a certificate of notice for filing objections; and (iii) a copy of the proof of claim.