1:09-bk-13331•George James Galanis and Anne Elizabeth Galanis
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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF NEW MEXICO In re: GEORGE JAMES GALANIS and Case No. 09-13331-j7 ANNE ELIZABETH GALANIS, DEBTORS. ORDER ABANDONING BANK OF COLORADO’S COLLATERAL THIS MATTER having come on before the Court upon the Motion to Abandon the Collateral of the Bank of Colorado d/b/a Pinnacle Bank (hereinafter “Bank”), which was filed on August 25, 2009 (Docket No. 16), and notice of the Motion along with a deadline to file objections thereto having been served upon all parties entitled to receive notice pursuant to the Official Mailing Matrix of the Bankruptcy Court Clerk, the deadline to file objections having passed, and no objections having been filed timely or to date, and the Trustee having informed Movant’s counsel that he does not object to the abandonment of the Bank’s collateral from the Estate, and the Court being otherwise fully advised enters the following: IT IS HEREBY ORDERED that the Motion is granted. Pursuant to 11 U.S.C. § 554, the Bank of Colorado’s collateral, consisting of all inventory held by Debtors and/or Debtors dba Gallup Indian Center, is hereby abandoned from and is no longer property of the Estate. Bank of Colorado may proceed to repossess and foreclose such collateral, to the extent permitted by applicable nonbankruptcy law, without further notice to the Trustee. ______________________________________ HONORABLE ROBERT JACOBVITZ UNITED STATES BANKRUPTCY JUDGE Entered on Docket Date: 12/11/09 Submitted by: Case 09-13331-j7 Doc 32 Filed 12/11/09 Entered 12/11/09 14:26:14 Page 1 of 2
PUCCINI & MEAGLE, P.A. By: /s/ submitted by email Louis Puccini, Jr. Counsel for Bank of Colorado/Pinnacle Bank PO Box 50700 Albuquerque NM 87181-0700 Telephone: (505) 255-0202 Facsimile: (505) 255-8726 Notice of this Order is to be given to: David R. Jordan Attorney for Debtors Post Office Box 840 Gallup, New Mexico 87305-0840 david@jordanlegal.com Daniel J,. Behles Attorney for Debtors Cuddy & McCarthy, LLP 7770 Jefferson NE Suite 305 Albuquerque, New Mexico 87109 dan@behles.com Phillip J. Montoya Chapter 7 Trustee Post Office Box 159 Albuquerque, New Mexico 87103 Case 09-13331-j7 Doc 32 Filed 12/11/09 Entered 12/11/09 14:26:14 Page 2 of 2
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