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§ 522(d)

In re Landsinger

Ruling
Debtor's exemption in property inherited by spouse limited to one half of mortgage payments made with marital funds.
Procedural posture

Bankruptcy debtors, husband and wife, claimed exemptions in an interest in real property which the wife received as a gift, and payments on a mortgage against the property were paid with marital funds. The bankruptcy trustee objected to the husband's claim of exemption, and the parties' submissions were treated as cross-motions for summary judgment.

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Consumer opinion summary, case decided on July 23, 2012 , LexisNexis #0812-077

In re Holland

Ruling
Amended claim of exemption in real property denied as debtors did not use the property as a residence on petition date.
Procedural posture

A chapter 7 trustee filed an objection to the debtors' second amended claims of exemption in real property under 11 U.S.C.S. § 522(d)(1). At issue was whether, as of the date on which the debtors filed their chapter 7 case, they used the property at issue as a residence.

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Consumer opinion summary, case decided on July 09, 2012 , LexisNexis #0812-048

In re Dang

Ruling
Worker's compensation check received and deposited the day after the petition date was exempt.
Procedural posture

Chapter 7 trustee objected to the debtor's claimed exemption, sought pursuant to 11 U.S.C.S. § 522(d)(10)(C) and (d)(11)(E), in funds received as the result of a settlement of a worker's compensation claim.

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Consumer opinion summary, case decided on June 13, 2012 , LexisNexis #0812-116

In re Butler

Ruling
Debtor's interest in partnership established by employer for employees was exempt.
Procedural posture

Debtor filed a petition under chapter 7 of the Bankruptcy Code and claimed that money she invested in a partnership that was available to individuals who worked for her employer was exempt from creditors' claims under 11 U.S.C.S. § 522(d)(10)(E). A trustee who was appointed to administer the debtor's bankruptcy estate filed an objection.

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Consumer opinion summary, case decided on May 29, 2012 , LexisNexis #0612-087

In re Long

Ruling
Debtor who had not lived in district for requisite period and whose former state limited exemptions to residents could claim federal exemptions.
Procedural posture

Before the court in debtor's bankruptcy case was the chapter 13 Trustee's objection to exemption.

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Consumer opinion summary, case decided on May 07, 2012 , LexisNexis #0512-124

In re Kaplan

Ruling
Debtor not entitled to exemption in farm property he could not establish was his residence.
Procedural posture

A debtor owned a residential property and a farm property, and the debtor claimed the farm property as exempt under 11 U.S.C.S. § 522(d)(1) as the debtor's residence. A creditor secured by the farm property objected to the exemption.

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Consumer opinion summary, case decided on March 26, 2012 , LexisNexis #0412-082

In re Young

Ruling
Debtor not entitled to claim exemption in vehicle owned by debtor spouse.
Procedural posture

After chapter 7 debtors, a husband and wife, filed a joint chapter 7 petition, the wife claimed an exemption in a vehicle under 11 U.S.C.S. § 522(d)(5). The trustee objected.

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Consumer opinion summary, case decided on March 20, 2012 , LexisNexis #0412-045

Chilton v Moser (In re Chilton)

Ruling
Inherited IRA properly held to be exempt.
Procedural posture

Appellant chapter 7 trustee sought judicial review of a decision by the District Court for the Eastern District of Texas to reverse a bankruptcy court's ruling that an inherited Individual Retirement Account (IRA) did not qualify for exemption under 11 U.S.C.S. § 522(d)(12).

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on March 12, 2012 , LexisNexis #0412-011

Massey v. Pappalardo (In re Massey)

Ruling
Exemptions for residence and vehicle rather than value of the assets properly disallowed.
Procedural posture

Debtors claimed exemptions under 11 U.S.C.S. § 522(d) for 100 percent of the fair market value of their residence and a vehicle, but appellee bankruptcy trustee asserted that the exemptions exceeded statutory limits. The debtors appealed the order of the U.S. Bankruptcy Court for the District of Massachusetts which sustained the trustee's objection to the exemptions.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on February 27, 2012 , LexisNexis #0312-083

In re Graves

Ruling
Debtor could not claim exemption in settlement proceeds of spouse's loss of consortium claim.
Procedural posture

A standing chapter 13 trustee objected to an amended claim of exemptions filed by the chapter 13 debtors. The trustee objected to the claim filed by the debtor wife for an exemption under 11 U.S.C.S. § 522(d)(11)(D) for a loss of consortium claim relating to a pre-petition automobile accident involving only the debtor husband.

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Consumer opinion summary, case decided on January 24, 2012 , LexisNexis #0212-114