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In re Bono

In re Bono

Ruling
Bank's judicial lien could be avoided only to the extent exceeding value of property less allowable homestead exemption.
Procedural posture

Debtor sought to have creditor bank's claim denied in its entirety based upon a perceived misapplication of her homestead exemption and her position that, pursuant to 11 U.S.C.S. § 522(f), the bank's judicial lien impaired her homestead exemption.

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Consumer opinion summary, case decided on March 19, 2013 , LexisNexis #0413-049