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Property of an estate may be abandoned at the instigation of the trustee if it is of inconsequential value and benefit to the estate. This is called a proposed abandonment. Property of the estate may be abandoned pursuant to a request by a party in interest for an order of the Bankruptcy Court directing the trustee to abandon property when such property is burdensome to the estate or that is of inconsequential value and benefit to the estate. This is referred to as compelled abandonment. Any scheduled property which remains unadministered upon closing of the case is deemed abandoned from the estate and regarded as administered for purposes of closing and reopening the case. This is referred to as deemed abandonment.

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