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In re Giles

In re Giles

Ruling
Use of portion of real property for family operated business did not invalidate debtors' homestead exemption.
Procedural posture

Bankruptcy debtors claimed a homestead exemption in real property upon which was located the debtors' residence and four rental storage units, and a creditor asserted that the portion of the property containing the storage units was used for business and thus abandoned as part of the homestead. The creditor objected to the debtor's claimed exemption in the entire property.

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Consumer opinion summary, case decided on January 06, 2011 , LexisNexis #0211-080