Legal Opinion

In re Rechlin

United States Bankruptcy Court, M.D. Florida

Decided March 29, 2019No. Case No. 8:17-bk-02777-MGWPublished

1Opinion of the Court

ORDER DENYING MOTION FOR TURNOVER OF DIVIDEND

Michael G. Williamson, Chief United States Bankruptcy Judge *672THIS CASE came on for consideration on the Trustee's motion seeking turnover of a $ 1,056.40 dividend the Debtor received from Publix stock being held in his 401(k) retirement plan.1 The Debtor is employed by Publix Supermarkets, Inc.2 Publix apparently offers a 401(k) plan that allows employees to invest their retirement contributions in company stock.3

There is no dispute that the Debtor's 401(k) is exempt.4 So the Trustee has no right to administer-nor does she seek turnover of-the…

2Cases cited1 opinion

  1. First Nat. Bank & Trust Co. v. GlennDistrict Court, W.D. Kentucky · 1941

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API