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§ 522(d)

Toro, In re

Ruling
Debtor could not reduce her homestead exemption as the residential property had been abandoned and was no longer property of the estate or under the administration of the trustee. (Bankr. D.P.R.)
Issue(s)
Exemptions; Types of Exempt Property; Interest in Residential Property or Burial Plot.

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Consumer opinion summary, case decided on September 12, 2024 , LexisNexis #1124-056

Bergman, In re

Ruling
Debtors were not prohibited from using the 100% fair market value check box when claimingexemption, provided the trustee could determine the amount of the exemption claimed fromSchedule C and the applicable statute. (Bankr. D. Neb.)
Issue(s)
Exemptions; Types of Exempt Property.

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Consumer opinion summary, case decided on July 18, 2024 , LexisNexis #0924-088

Milton, In re

Ruling
Trustee failed to demonstrate that debtor's claimed federal homestead exemption wasimproper and thus the court overruled the trustee's objection. (Bankr. D. Conn.)
Issue(s)
Exemptions; Types of Exempt Property; Interest in Residential Property or Burial Plot.

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Consumer opinion summary, case decided on April 04, 2024 , LexisNexis #0624-058

Johns, In re

Ruling
Debtor's IRA lost its tax-exempt status and thus did not qualify as exempt as the IRA did notsubstantially comply with the Internal Revenue Code because of the prohibited transactions.(Bankr. N.D. Tex.)
Issue(s)
Exemptions; Types of Exempt Property; Retirement Funds.

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Consumer opinion summary, case decided on March 26, 2024 , LexisNexis #0524-062

Brainard, In re--Mangan v. Brainard

Ruling
Debtor was entitled to an exemption in an IRA account in a limited amount plus earnings on that amount as the source was nonqualified funds. (Bankr. D. Conn.)
Issue(s)
Exemptions; Types of Exempt Property.

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Consumer opinion summary, case decided on May 25, 2023 , LexisNexis #0723-030

Shoults, In re

Ruling
Debtors were not allowed to exempt an unliquidated, contingent cause of action where the state had opted out of the federal scheme and not announced any new exemptions. (Bankr. E.D. Mo.)
Issue(s)
Exemptions; Types of Exempt Property.

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Consumer opinion summary, case decided on March 31, 2023 , LexisNexis #0523-086

Richards, In re

Ruling
Debtor could not exempt proceeds from the prepetition sale of her former residence as she hadno meaningful ability to occupy the property in the future and presented no evidence of eitherintent or ability to the trial court. (B.A.P. 6th Cir.)
Issue(s)
Exemptions; Types of Exempt Property; Interest in Residential Property or Burial Plot.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on August 25, 2022 , LexisNexis #1222-007

Richards, In re

Ruling
Debtor could not exempt proceeds from the pre-petition sale of her former residence as shehad no meaningful ability to occupy the property. (B.A.P. 6th Cir.)
Issue(s)
Exemptions; Types of Exempt Property; Interest in Residential Property or Burial Plot.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on August 25, 2022 , LexisNexis #1022-027

Lancos, In re

Ruling
A mere right to use property was insufficient to establish a federal exemption as a debtorlacked an ownership interest. (Bankr. W.D. Pa.)
Issue(s)
Exemptions; Types of Exempt Property.

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Consumer opinion summary, case decided on June 23, 2022 , LexisNexis #0822-034

Farber, In re

Ruling
Debtor's claim of exemption as to retirement funds was disallowed. (Bankr. E.D. Pa.)
Issue(s)
Exemptions; Types of Exempt Property; Retirement Funds.

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Consumer opinion summary, case decided on April 26, 2022 , LexisNexis #0622-082