MEMORANDUM OPINION
FRANK R. ALLEY, III, Bankruptcy Judge.
In this matter the Court must determine whether money received by the Debtors under newly enacted tax legislation is property of the Estate. I find that the funds are attributable to the tax year 2001, the year this case was filed, and that the funds must be prorated between the Estate and the Debtors.
I. BACKGROUND
The Debtors filed their Petition for Relief under Chapter 7 of the...
Let's get started

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.