In Re Petit

DECISION AND ORDER SUSTAINING TRUSTEE’S OBJECTION TO DEBTOR’S CLAIM OF EXEMPT PROPERTY

ARTHUR N. VOTOLATO, Bankruptcy Judge. *

Before us is the Chapter 11 Trustee’s Objection to the Debtor’s Claim of Exempt Property. The issues raised and presented for determination are: (1) whether the Trustee’s objection to the Debtor’s claimed exemption of two causes of action was filed out of time; and (2) if the Trustee’s objection was timely filed, may the Debtor claim as exempt, assets allegedly worth millions of dollars, in the manner claimed, and based upon the statutory authority referenced in her…