Flake v. People's State Bank of Mazomanie (In Re Flake)

MEMORANDUM DECISION

ROBERT D. MARTIN, Bankruptcy Judge.

In this adversary proceeding, People’s State Bank of Mazomanie and Triple S Feeds, Inc., object to certain of the exemptions claimed by the wife in a joint chapter 7 petition filed by a farming couple. The substance of the creditors’ objection is that Mrs. Flake has insufficient ownership interest in the farm implements she claims as exempt to be entitled to avoid liens on the equipment under 11 U.S.C. § 522(f). The creditors similarly object to the debtor’s claim for exemption of 3 items on the grounds that the implements claimed do not…