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In re Anderson

In re Anderson

Ruling
Debtor could avoid lien recorded before debtor acquired property and which impaired homestead exemption.
Issue(s)
Whether chapter 7 debtors were allowed under 11 U.S.C.S. § 522(f)(1)(A) to avoid the in rem portion of a judicial lien a bank held on real property they purchased after the bank recorded its judgment, in which they claimed a homestead exemption.

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Consumer opinion summary, case decided on July 26, 2013 , LexisNexis #0813-117