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Legal Opinion

In Re Jokiel

United States Bankruptcy Court, N.D. Illinois

Decided April 21, 2011No. 19-05818PublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM OPINION

MANUEL BARBOSA, Bankruptcy Judge.

This matter comes before the Court on the Trustee’s motion to compel turnover by the Debtor of a severance payment and objection to claim of exemption in such payment. For the reasons set forth herein, the Court finds that $699,023.33 of the $735,000 severance payment received by the Debtor constituted property of the estate not subject to an exemption properly claimed by the Debtor, and the Debtor shall deliver such amount to the Trustee in accordance with 11 U.S.C. § 542(a).

JURISDICTION AND PROCEDURE

The Court has jurisdiction to decide this…

2Cases cited11 opinions

  1. Segal v. RochelleSupreme Court of the United States · 1966
  2. In the Matter of Daniel J. YONIKUS and Carolyn S. Yonikus, Debtors. Appeal of Daniel J. YONIKUSCourt of Appeals for the Seventh Circuit · 1993
  3. In the Matter of Douglas R. Prince and Jane Prince, Debtors-AppellantsCourt of Appeals for the Seventh Circuit · 1996
  4. Parks v. DittmarCourt of Appeals for the Tenth Circuit · 2010
  5. Allen v. Levey (In Re Allen)United States Bankruptcy Court, N.D. Illinois · 1998

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3Cited by6 opinions

  1. Prochnow v. Apex Properties, Inc. (In re Prochnow)District Court, C.D. Illinois · 2012
  2. In re FosterUnited States Bankruptcy Court, E.D. Virginia · 2016
  3. Burciaga v. Moglia (In re Burciaga)United States Bankruptcy Court, N.D. Illinois · 2019
  4. In re PowellUnited States Bankruptcy Court, C.D. Illinois · 2014
  5. Decker v. ScottDistrict Court, W.D. Virginia · 2021

1 more not listed; retrieve them via the Exa API.

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