UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF NEW YORK
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In the Matter of                                                                Chapter 7

                                                                                         Case No.:

                                                                                         NOTICE OF PROPOSED
                                                                                         ABANDONMENT OR DISPOSITION
                                       Debtor.                                     OF PROPERTY OF THE ESTATE

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TO ALL PARTIES IN INTEREST:

PLEASE TAKE NOTICE that pursuant to 11 U.S.C. Section 554(a) of the Bankruptcy Code and Rule 6007 of the Bankruptcy Rules, notice is hereby given that the trustee intends to abandon his interest in                Item to be               Abandoned                                                                                                  .

PLEASE TAKE FURTHER NOTICE that the reason for the abandonment is that the               Item to be abandoned                         is of inconsequential value and/or is burdensome to the estate.                       Brief         
        Description of the value of the asset and reason why the asset is inconsequential or burdensome                     .

The administration of this asset will, therefore, produce a de minimus distribution to creditors of the estate. The costs of administering this asset would exceed any equity benefit to creditors of this estate. It would, therefore, be in the best interests of the estate to abandon the subject property.

PLEASE TAKE FURTHER NOTICE that any objections to abandonment must be filed in writing with the Clerk of the United States Bankruptcy Court,                                                      , New York and served upon the undersigned at the address set forth below and upon the United States Trustee, 825 East Gate Blvd., Garden City, New York 11530 within fifteen (15) days of the date of mailing of this notice. If a timely objection is made, the court shall set a hearing on notice to the United States Trustee and to other entities as the court may direct.

Dated: Garden City, New York
                                    , 2000