In re Landahl
Mar
02
2006
Ruling
Court ruled that the $125,000 cap on homestead exemptions applied to exemption claims under state law in "opt-out"states such as Florida.
Procedural posture
The debtor petitioned for bankruptcy relief under chapter 7, and claimed an exemption for his homestead under Florida law. The chapter 7 trustee objected to the exemption to the extent that it exceeded the $125,000 amount allowed by 11 U.S.C. § 522(p). The debtor filed a motion for summary judgment.
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Court
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