Legal Opinion

In Re Magnus

United States Bankruptcy Court, E.D. Pennsylvania

Decided April 26, 1988No. 19-11412PublishedCited by 16 opinions

1Opinion of the Court

MEMORANDUM OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

The trustee has objected to the claim of the debtors to exempt under 11 U.S.C. § 522(d) a distribution check from debtor-husband's now-terminated pension plan. We hold that the total amount of the pension distribution may properly be allowed as a § 522(d)(5) exemption. 1

On May 5, 1983, debtors filed their chapter 7 petition and the requisite Schedule B-4 listing exempt property. The Schedule B-4 contained no reference to any pension plan monies, and no reference to § 522(d)(5) or § 522(d)(10). On June 20th of that year, debtors amended…

2Cases cited29 opinions

  1. In the Matter of Richard L. Kochell, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1984
  2. In Re DonaghyUnited States Bankruptcy Court, S.D. New York · 1981
  3. In Re MillerUnited States Bankruptcy Court, D. Minnesota · 1983
  4. Yoder v. United States (In Re Yoder)United States Bankruptcy Court, W.D. Pennsylvania · 1983
  5. In Re RidingUnited States Bankruptcy Court, D. Utah · 1984

24 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. In Re HallUnited States Bankruptcy Court, W.D. Michigan · 1993
  2. Matter of VelisDistrict Court, D. New Jersey · 1991
  3. In Re HanesUnited States Bankruptcy Court, E.D. Virginia · 1994
  4. In Re TomkoUnited States Bankruptcy Court, E.D. Pennsylvania · 1988
  5. In Re CramerUnited States Bankruptcy Court, E.D. Pennsylvania · 1991

11 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API