Legal Opinion
Brennan v. Ted Arnold Industries, Inc. (In Re Brennan)
United States Bankruptcy Court, D. Rhode Island
Decided March 12, 1982No. Bankruptcy No. 8100316, Adv. No. 810309PublishedCited by 2 opinions
1Opinion of the Court
DECISION DETERMINING MARKET VALUE AND DENYING REQUEST TO VACATE EXECUTION ON EXEMPT PROPERTY
ARTHUR N. VOTOLATO, Jr., Bankruptcy Judge.
The issue presented by this complaint to vacate an execution on property claimed as exempt, is whether the Debtors may combine or “stack” their general and homestead exemptions, 11 U.S.C. § 522(d)(1) and (5), to enable them to set aside as exempt a total of $15,800 equity in their home.
On April 21, 1981, the Debtors, Dorothy and Thomas Brennan, filed a petition under Chapter 7. Among the assets listed in the Debtors’ schedule of assets is their home, which they…
2Cases cited2 opinions
- In Re LaFlammeBankruptcy Appellate Panel of the First Circuit · 1981
- La Flamme v. Finance America Corp. (In re La Flamme)District Court, D. Rhode Island · 1981
3Cited by2 opinions
- Vaillancourt v. Granite Group (In Re Vaillancourt)United States Bankruptcy Court, D. New Hampshire · 2001
- Agustin J Jaramillo and Lillian V JaramilloUnited States Bankruptcy Court, D. New Mexico · 2020