Carpenter v. Ries (In re Carpenter)

Ruling: 
Lump sum social security benefits payment properly excluded from estate by bankruptcy court.
Procedural posture: 
In appellee debtor's chapter 7 case, appellant bankruptcy trustee objected to exemption from the bankruptcy estate under 42 U.S.C.S. § 407 of a lump sum Social Security benefits payment. The bankruptcy court sustained the trustee's objection. The Bankruptcy Appellate Panel for the Eighth Circuit (BAP) reversed, and the trustee appealed.
Issue: 
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Consumer case opionion summary, case decided on July 30,2010, LexisNexis #1010-084