(a) Notice of Proposed Abandonment or Disposition; Objec - tions ; Hearing. Unless otherwise directed by the court, the trustee or debtor in possession shall give notice of a proposed abandonment or disposition of property to the United States trustee, all creditors, indenture trustees, and committees elected pursuant to § 705 or appointed pursuant to § 1102 of the Code. A party in interest may file and serve an objection within 14 days of the mailing of the notice, or within the time fixed by the court. If a timely objection is made, the court shall set a hearing on notice to the United States trustee and to other entities as the court may direct.
(b) Motion by Party in Interest. A party in interest may file and serve a motion requiring the trustee or debtor in possession to abandon property of the estate. [(c) Hearing ] (Abrogated Apr. 22, 1993, eff. Aug. 1, 1993)
(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 30, 1991, eff. Aug. 1, 1991; Apr. 22, 1993, eff. Aug. 1, 1993; Mar. 26, 2009, eff. Dec. 1, 2009.)
added in current removed in current
Compared to current version (2025).
(a) Notice of Proposed Abandonment or Disposition; Objec - tions ; Hearingby the Trustee or Debtor in Possession.
(1) In General. Unless otherwise directed by the court court orders otherwise, the trustee or debtor in possession shallmust give notice of a proposed abandonment or disposition of property to the United States trustee,: • all creditors,; • all indenture trustees,; • andy committees elected pursuant to § 705 or appointed pursuant to § 1102 of the Codeappointed or elected under the Code; and • the United States trustee.
(2) Objection. A party in interest may file and serve an objection within 14 days of the mailing ofafter the notice, is mailed or within the time fixedset by the court. If a timely objection is madefiled, the court shallmust set a hearing on notice to the United States trustee and to other entities as the court may directorders.
(b) Motion by a Party in Interest.
(1) Service. A party in interest may file and serve a motion to requiringe the trustee or debtor in possession to abandon property of the estate. [(c) Hearing ] (Abrogated Apr. 22, 1993, eff. Aug. 1, 1993)Unless the court orders otherwise, the motion (and any notice of it) must be served on: • the trustee or debtor in possession; • all creditors; • all indenture trustees; • any committees appointed or elected under the Code; and • the United States trustee.
(2) Objection. A party in interest may file and serve an objection within 14 days after service or within the time set by the court. If a timely objection is filed, the court must set a hearing on notice to the United States trustee and other entities as the court orders.
(3) Order. Unless the court orders otherwise, an order granting the motion to abandon property effects the trustee’s or debtor in possession’s abandonment without further notice.
(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 30, 1991, eff. Aug. 1, 1991; Apr. 22, 1993, eff. Aug. 1, 1993; Mar. 26, 2009, eff. Dec. 1, 2009; Apr. 25, 2019, eff. Dec. 1, 2019; Apr. 2, 2024, eff. Dec. 1, 2024.)