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BLR 6007-1. Abandonment.

(a) By Consent. In accordance with Bankruptcy Rule 6007, upon motion and order consented to in writing by the debtor, the trustee and any entity claiming an interest in the property of the estate, where the equity in the property is shown on the face of the order to be $1,000.00 or less, the Bankruptcy Court may authorize a trustee in an individual's Chapter 7 case to abandon property of the estate, without further notice or service.

(b) By Trustee. In accordance with Bankruptcy Rule 6007, if the § 341 Meeting of Creditors Notice provides therefor, a trustee in the Chapter 7 case of an individual may give oral notice of a proposed abandonment at a Meeting of Creditors held pursuant to 11 U.S.C. § 341(a) and no further notice or service shall be required; provided, however, that said oral notice shall be reduced to a writing, stating the grounds therefor, and filed with the Bankruptcy Clerk within 14 days after the Meeting of Creditors. If no objection to the proposed abandonment is filed within 14 days following the filing of the trustee's notice, the property shall be deemed abandoned.

(c) By a Party in Interest. A party in interest filing a motion to abandon property in accordance with Bankruptcy Rule 6007(b) shall perfect service thereof as provided by Bankruptcy Rule 6007(a) and shall also serve the trustee, debtor, and debtor's counsel. Any objection to a proposed abandonment shall state the grounds therefor, shall be filed with the Bankruptcy Clerk and shall be served on the trustee, the debtor in possession and the party serving notice of the proposed abandonment within 14 days from the date of service of the notice.