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In re Pedersen

In re Pedersen

Ruling
Judicial lien avoided as impairing debtors' homestead exemption.
Procedural posture

Creditors who were holders of a judicial lien against the home of Chapter 11 debtors (husband and wife) filed an objection to the debtors' claim of a homestead exemption. The debtors resisted the objection and filed a motion to avoid the lien under 11 U.S.C.S. § 522(f)(1)(A).

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Consumer opinion summary, case decided on April 11, 2011 , LexisNexis #0511-053