In re Patterson
Nov
13
2012
Ruling
Debtor could avoid lien on homestead property purchased with equity from former marital residence.
Procedural posture
Debtor filed a petition under chapter 7 of the Bankruptcy Code and sought a determination that he was allowed under 11 U.S.C.S. § 522(f) to avoid a lien which a bank placed on real property he owned. The bank filed an objection to the debtor's motion and also objected to a homestead exemption the debtor claimed under Vermont law.
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Court
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