Legal Opinion
La Flamme v. Finance America Corp. (In re La Flamme)
District Court, D. Rhode Island
Decided May 1, 1981No. Bankruptcy No. 8000468; AP No. 800151PublishedCited by 3 opinions
1Opinion of the Court
DECISION DENYING EXEMPTION CLAIMED BY DEBTORS
ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.
Debtors filed a joint Chapter 7 bankruptcy petition on June 25, 1980, and in their Schedule B-4 list as an exemption under 11 U.S.C. § 522(d)(5) a “Consumer Credit Protection Act1 claim against Finance America Corp.” in the amount of $2,000. Finance America objects to the claim of exemption.
Section 522(d) specifies eleven categories of property which the debtor may exempt. Subsection (d)(5), the only category within which the exemption in question might fit, allows the debtor to exempt his “aggregate…
2Cases cited18 opinions
- Segal v. RochelleSupreme Court of the United States · 1966
- Gleason v. ThawSupreme Court of the United States · 1915
- Jarecki v. G. D. Searle & Co.Supreme Court of the United States · 1961
- D. Ginsberg & Sons, Inc. v. PopkinSupreme Court of the United States · 1932
- Gooch v. United StatesSupreme Court of the United States · 1936
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3Cited by3 opinions
- Eagan v. Household Finance Corp. (In Re Eagan)United States Bankruptcy Court, N.D. New York · 1982
- In Re LaFlammeBankruptcy Appellate Panel of the First Circuit · 1981
- Brennan v. Ted Arnold Industries, Inc. (In Re Brennan)United States Bankruptcy Court, D. Rhode Island · 1982