In re Shepard

Ruling: 
Debtors' exemption in tax refund limited to originally projected amount, not later undisclosed excess.
Procedural posture: 
A chapter 7 trustee filed an objection to debtors' exemptions and amended exemptions pursuant to Fed. R. Bankr. P. 4003(b), alleging that the debtors knowingly made a false representation as to the amount of their income tax refunds. He sought an order requiring the debtors to turn over the amount of undisclosed tax refunds.
Issue: 
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Consumer case opionion summary, case decided on August 25,2008, LexisNexis #1208-056