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((a)) After notice and a hearing, the trustee may abandon any property of the estate that is burdensome to the estate or that is of inconsequential value
The importer must present a notice of intent to abandon in writing to the port director or electronically to ACE or any other CBP-authorized EDI system.Read more
Oct 21, 2024 FRBP 6007(a) provides the procedure for a debtor or trustee to abandon property of the estate. That procedure is to file a Notice of Intent to Abandon andRead more