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IN RE KARP

Bankruptcy No. 05-30498.

373 B.R. 837 (2007)

In re Jeffrey M. KARP, Debtor.

United States Bankruptcy Court, N.D. Illinois, Eastern Division.

May 22, 2007.

Attorney(s) appearing for the Case

David P. Leibowitz, Waukegan, IL, Trustee.

Chester H. Foster, Jr., Foster, Kallen & Smith, Homewood, IL, Counsel for Debtor.

Arnold G. Kaplan, Arnold Kaplan, Ltd., Chicago, IL, Counsel for Sherry Karp and Marlene Katz.

FINDINGS OF FACT AND CONCLUSIONS OF LAW ON OBJECTIONS TO CLAIMS

JACK B. SCHMETTERER, Bankruptcy Judge.

This proceeding relates to the Chapter 7 bankruptcy case filed by Jeffrey M. Karp ("Debtor"). Chapter 7 Trustee David P. Leibowitz ("Trustee") filed an Objection to Claim No. 3 filed by Sherry Karp ("Sherry") and an Objection to Claim No. 4 filed by Marlene Katz ("Katz"). The basis for the claims filed by Sherry and Katz is, the Debtor's asserted...

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