Seagraves v. Couch & Jackson

1. A voluntary bankrupt lias an assignable interest in the property claimed by him in his petition as exempt under the constitu-. tion and homestead laws of this State; and he can transfer this interest in good faith to his creditors, either to extinguish or to secure a preexisting debt, before the property is set aside by the trustee in bankruptcy, and before the same is confirmed by the bankruptcy court. Silver v. Chapman, 163 Ga. 604 (3) (136 S. E. 914).

2. A' voluntary bankrupt, having such assignable interest in the property claimed in his petition as exempt, can prefer one creditor to…