In Re Kaufman

ORDER SUSTAINING OBJECTION TO DEBTORS’ EXEMPTIONS

JOSEPH A. GASSEN, Bankruptcy Judge.

The trustee in this case filed an objection to the debtors’ claimed exemption in their automobile, asserting that their equity in it was of greater value than they claimed, and that therefore the amount exceeded the exemption limit. A hearing was held on February 27, 1984 but additional facts were raised by the debtors in a memorandum subsequent to the hearing. Therefore the parties entered into a stipulation of facts (C.P. No. 18) and the facts as demonstrated at the hearing and as shown in the stipulation…