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In re Holland

In re Holland

Ruling
Life insurance proceeds received more than 180 days postpetition were not property of the estate and failure to schedule justified by debtor's belief she was not a beneficiary.
Procedural posture

A chapter 7 trustee objected to a debtor's claimed exemptions of her shares of stock in a life insurance company and of the cash surrender value of a life insurance policy.

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Consumer opinion summary, case decided on November 17, 2008 , LexisNexis #0209-136