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Arthur & Melva Heim, BK80-905, Ch. 11

The court dismissed the debtors' bankruptcy case pursuant to ยง 1112(b)(1) because there was (a) negative cash flow throughout the life of the case, (b) continuing loss to and diminution of the estate, and (c) no reasonable likelihood of rehabilitation

Date: 
Monday, February 23, 1987
Judge: 
Judge Timothy J. Mahoney (Retired)