In re Gilbraith

ORDER OVERRULING BMO HARRIS BANK’S OBJECTION TO DEBTORS’ EXEMPTION OF PROFIT SHARING PLAN

DANIEL P. COLLINS, Chief Judge.

This matter came before the Court on BMO Harris Bank’s Objection to James and Kathleen Gilbraith’s claimed exemption of funds in a profit sharing plan. The Court considered the parties’ pleadings, the experts’ affidavits, the trial testimony of the parties’ experts and admitted exhibits, the parties’ closing arguments and briefs, and took the matter under advisement. The Court now overrules the Objection.1

1. (A) Procedural Background

James and Kathleen Gilbraith (collectively…