In re Romp

ORDER REGARDING TRUSTEE’S OBJECTION TO EXEMPTIONS

A. THOMAS SMALL, Bankruptcy Judge.

The matter before the court is the objection filed by the chapter 7 trustee, Richard D. Sparkman, to the exemptions claimed by the chapter 7 debtor, Robert Paul Romp. A hearing was held in Raleigh, North Carolina on June 8, 2000.

The trustee has objected to the debtor’s exemptions in the following property:(1) All equity in residence (value in excess of liens is approximately $20,400) claimed pursuant to Article X, § 2(3) of the North Carolina Constitution.(2) The cash value ($17,834) of a life insurance policy…