- 11 U.S.C.
In re Wallace
May
12
2011
Ruling
Debtors could not avoid liens as impairing homestead exemption they had not formally claimed.
Procedural posture
Pursuant to 11 U.S.C.S. § 552(f)(1), the debtors filed a motion to avoid judicial liens on mortgaged real property for which the debtors had no equity and had not formally claimed a homestead exemption on Schedule C. The trustee objected to the debtor's request.
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Court
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