In Re Ladd

Order Overruling Trustee’s Objection To Exemption And Denying Motion For Turnover Of Property

LEWIS M. KILLIAN, Jr., Bankruptcy Judge.

THIS CASE came before the Court on January 25th 2001 for hearing of the Chapter 7 Trustee’s Objection to Exemption and Motion for Turnover of Property to the Trustee. The issue in this case is whether exempt funds from a 401 (k) distribution lose them exempt status when placed into a segregated checking account. The Court, having reviewed the Trustee’s Objection and Motion, the Debtor’s Memorandum of Opposition, and the argument of counsel, overrules the…