- 11 U.S.C.
In re Agnew
Nov
06
2006
Ruling
Homestead exemption allowed over trustee's objection absent showing that debtors acquired property with intent to hinder, delay or defraud creditors.
Procedural posture
The debtors petitioned for bankruptcy relief under chapter 7. The debtors claimed a homestead exemption on property that the debtors had acquired from the mother of one of the debtors in exchange for other non-exempt agricultural property. The trustee objected to the homestead exemption under 11 U.S.C. § 522(o)(4).
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Court
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