Farris v. Farmington Production Credit Ass'n (In Re Farris)

MEMORANDUM OPINION

DAVID P. McDONALD, Bankruptcy Judge.

Plaintiffs-Debtors (Debtors) seek to avoid Defendant’s judgment lien on a log cabin and ten acres of real property in Reynolds County, Missouri now owned and occupied by Debtors. The judgment was entered on August 17, 1981, by the Circuit Court of Reynolds County, Missouri, and is in the original amount of $26,349.30.

Debtors claimed this real estate as exempt on their Schedule B-4. Since no objection to this claim of exemption was filed within the thirty day period after the date of the first meeting of creditors, the Court must accept as…