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Legal Opinion

In Re Bowen

United States Bankruptcy Court, C.D. Illinois

Decided September 23, 2011No. 11-71289PublishedCited by 4 opinions

1Opinion of the Court

OPINION

MARY P. GORMAN, Bankruptcy Judge.

An important component of the “fresh start” obtained by filing for bankruptcy relief is a debtor’s entitlement to exempt certain property from the claims of creditors. In Illinois, debtors use the exemptions provided by Illinois law. Those exemptions include, inter alia, the aggregate net cash value of certain life insurance and endowment policies and the right to receive disability benefits. Steve Bowen owns two disability insurance policies which have an aggregate net cash value of $7777. In their Chapter 7 case, Mr. and Mrs. Bowen assert that such…

2Cases cited11 opinions

  1. People v. DonohoIllinois Supreme Court · 2003
  2. In the Matter of Richard E. BARKER, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1985
  3. Thomas Adams v. Richard Catrambone and Great Lakes Building Materials, Inc.Court of Appeals for the Seventh Circuit · 2004
  4. In Re DealeyUnited States Bankruptcy Court, C.D. Illinois · 1997
  5. Simson v. Burkart (In Re Simpson)Court of Appeals for the Ninth Circuit · 2009

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

3Cited by4 opinions

  1. In re McQuaidUnited States Bankruptcy Court, N.D. Illinois · 2013
  2. In re NothdurftUnited States Bankruptcy Court, C.D. Illinois · 2014
  3. In re LeeUnited States Bankruptcy Court, C.D. Illinois · 2014
  4. In re: David R. FacconeUnited States Bankruptcy Court, N.D. Illinois · 2022

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