Matter of Gamble

ORDER ON DEBTORS’ MOTION TO TURNOVER EXEMPT PROPERTY

LAMAR W. DAVIS, Jr., Bankruptcy Judge.

Debtors’ case was filed October 11, 1996. Debtors’ Schedule “C” claimed $10,800.00 as exempt property representing their equity in a residence located in Illinois. On November 8, 1996, Debtors sought approval of a sale of that real estate, post-petition which closed on October 18,1996. The gross proceeds of sale totaled $150,000.00 and after all debts and expenses of sale, net proceeds remained in the amount of $6,731.22. By order dated December 10, 1996, the Honorable James D. Walker, Jr., approved the…