Legal Opinion

In re Rudd

United States Bankruptcy Court, M.D. Alabama

Decided November 9, 2012No. 12-10908-WRSPublishedCited by 2 opinions

1Opinion of the Court

*356 MEMORANDUM DECISION

WILLIAM R. SAWYER, Bankruptcy Judge.

This bankruptcy case is before the Court upon the Trustees’ Objection to Debtors’ Claim of Exemption. (Doc. 24). For the reasons set forth below, the Trustees’ Objection to Debtors’ Claim of Exemption is OVERRULED.

I. FACTS

The Debtors, James and Melba Rudd, filed a voluntary Chapter 7 Petition in this Court on May 30, 2012. (Case No. 12-10908). The Debtors own four State Farm Life Insurance Policies. (Doc. 1, p. 12-13) (Schedule B). The life insurance policies have an aggregate cash value of $24,534.00. (Doc. 44). The Debtors claimed the…

2Cases cited19 opinions

In Re Ida v. Reider and James M. Reider, Debtors. Ida v. Reider v. Federal Deposit Insurance CorporationCourt of Appeals for the Eleventh Circuit · 1994
In Re Andrew S. Bland and Sonia J. Bland, Debtors. Finance One v. Andrew S. Bland and Sonia J. BlandCourt of Appeals for the Eleventh Circuit · 1986
Wornick v. GaffneyCourt of Appeals for the Second Circuit · 2008
In Re ArnoldUnited States Bankruptcy Court, E.D. New York · 1983
Kimball v. Cunningham Hardware Co.Supreme Court of Alabama · 1915

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3Cited by2 opinions

Meeks v. Nalley (In re Nalley)United States Bankruptcy Court, S.D. Georgia · 2014
In re WhiteUnited States Bankruptcy Court, N.D. Alabama · 2014