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In re Stoner

In re Stoner

Ruling
Interest in house inherited by debtor from father and then sold was not eligible for homestead exemption.
Procedural posture

Debtor filed a petition under chapter 7 of the Bankruptcy Code and claimed that an interest in a house he inherited from his father was exempt from creditors' claim under 11 U.S.C.S. § 522(d)(1). A trustee who was appointed to administer the debtor's case filed an objection to the debtor's claim.

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Consumer opinion summary, case decided on March 06, 2013 , LexisNexis #0413-048