In re Hadden
District Court, S.D. Georgia
In Bankruptcy.' In the matter of G. R. Hadden. On petition for review of a finding of the referee that the bankrupt is not entitled to his homestead exemption.
1Opinion of the Court
SPEER, District Judge.
[1] In this case exception is made to the finding of the referee to the effect that the bankrupt is not entitled to his homestead exemption. This is based on the fact that on April 12, 1915, he gave a statement to a mercantile agency that his liabilities amounted to only $900. This left his net worth $3,250. In less than a 3/ear his petition in bankruptcy was filed. Now his assets have been depleted to the extent of $500, but his liabilities have been increased by the sum of $2,447.13. His accounts receivable were only $516.06. This left him with a net worth of $230.82.…
2Cases cited6 opinions
- In re WaxelbaumDistrict Court, N.D. Georgia · 1900
- In re StephensDistrict Court, N.D. Georgia · 1902
- McNally v. Mulherin & Co.Supreme Court of Georgia · 1887
- In re WestDistrict Court, N.D. Georgia · 1902
- In re BoorstinDistrict Court, N.D. Georgia · 1902
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