Legal Opinion

In re Mount

United States Bankruptcy Court, D. New Hampshire

Decided June 26, 1985No. Bankruptcy No. 84-484PublishedCited by 1 opinion

1Opinion of the Court

ORDER SUSTAINING OBJECTION TO EXEMPTION

JAMES E. YACOS, Bankruptcy Judge.

The trustee in bankruptcy in this case has objected to the debtor’s claim of exemption of a life insurance policy having a cash value of $3,183.00. The debtor claims the policy exempt under New Hampshire Statutes, RSA § 408:2, which provides as follows:

480:2 Third Person. If a policy of life or endowment insurance is effected by any person on his own life or on another life, in favor of a person other than himself having an insurable interest therein, the lawful beneficiary thereof other than himself or his legal represent*306…

2Cases cited2 opinions

  1. Mechanicks National Bank v. CominsSupreme Court of New Hampshire · 1903
  2. In Re BrayDistrict Court, D. New Hampshire · 1934

3Cited by1 opinion

  1. In Re MonahanUnited States Bankruptcy Court, D. New Hampshire · 1994

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