(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 a chapter 7 case to abandon property of the estate without further notice or service.

(b) By Trustee. In accordance with Bankruptcy Rule 6007, a trustee in a chapter 7 case may give verbal notice of a proposed abandonment at a Meeting of Creditors held pursuant to 11 U.S.C. § 341(a); provided, however, that said verbal notice must be reduced to a writing, stating the grounds
therefor, and be filed with the Bankruptcy Clerk within fourteen days after the Meeting of Creditors. If no objection to the proposed abandonment is filed within fourteen days following the filing of the trustee’s notice, the property will be deemed abandoned as of the date of the Meeting of Creditors or the date of the written notice, whichever is earlier.