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In re Carter-Bland

In re Carter-Bland

Ruling
Debtor's interest in former spouse's employee stock ownership plan was excluded from estate.
Procedural posture

Debtor filed a petition under chapter 7 of the Bankruptcy Code and a trustee was appointed to represent the bankruptcy estate. The trustee filed an objection to the debtor's claim that the full value of an interest she was awarded in her ex-husband's employee stock ownership plan was not part of her bankruptcy estate.

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Consumer opinion summary, case decided on February 20, 2008 , LexisNexis #0308-120