Addison v. Seaver (In re Addison)
Aug
07
2008
Ruling
Exemption in Roth IRA disallowed due to dbetor's use of funds to make mortgage payment.
Procedural posture
Appellee trustee filed objections to appellant chapter 7 debtor's claims that certain property was exempt from creditors' claims, and an adversary proceeding seeking an order denying the debtor's discharge. The bankruptcy court reduced the debtor's homestead exemption, denied exemptions the debtor claimed in an IRA and college funds, and denied discharge. The U.S. Bankruptcy Appellate Panel for the Eighth Circuit affirmed and the debtor appealed.
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Court
:
Judge or Jurisdiction information not available