In Re McKown
United States Bankruptcy Court, E.D. California
1Opinion of the Court
MEMORANDUM DECISION
MICHAEL S. MeMANUS, Bankruptcy Judge.
The chapter 7 trustee has objected to three exemptions claimed by the debtors. This Memorandum Decision addresses the trustee’s objection to the debtors’ claim of exemption of an individual retirement account pursuant to California Code of Civil Procedure § 703.140(b)(10)(E). That objection will be overruled.
I. Facts
The debtors filed their chapter 7 petition on April 22, 1996. With their petition, they also filed Schedule B which listed at item 11 “Pension Rights” with a value of $17,500. In Schedule C, the debtors claimed these pension…
2Cases cited15 opinions
- Patterson v. ShumateSupreme Court of the United States · 1992
- Kosta P. Velis, Debtor-Appellant v. Mary Kardanis, Creditor-AppelleeCourt of Appeals for the Third Circuit · 1991
- In Re Robert H. Clark, Debtor. Robert H. Clark v. Thomas J. O'neill, as Trustee. Robert H. ClarkCourt of Appeals for the Third Circuit · 1983
- American Honda Finance Corp. v. Cilek (In Re Cilek)United States Bankruptcy Court, W.D. Wisconsin · 1990
- Carmichael v. OsherowCourt of Appeals for the Fifth Circuit · 1996
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- McDonald v. Metz (In Re Metz)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1998
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