In Re Carman

MEMORANDUM DECISION ON THE DeCHELLO OBJECTION TO THE TRUSTEE’S PROPOSED SALE OF ONE 32' CARMAN BOAT

E. STEPHEN DERBY, Bankruptcy Judge.

Steven DeChello contracted with Car-man Boats, Inc. to purchase a 32' motorboat that was to be built for him by Car-man for a purchase price of $140,000. Delivery was due on April 1, 2007. Mr. DeChello paid Carman Boats $107,000 of the purchase price, but the boat was never completed or delivered to him. Both Carman Boats, Inc. and Ronnie Carman have now filed bankruptcy cases under Chapter 7.

In both cases the Chapter 7 Trustee proposes to sell to the Maryland…