Legal Opinion

Schwab v. Reilly

Supreme Court of the United States

Decided June 17, 2010No. 08-538PublishedCited by 296 opinions

1Opinion of the CourtJustice Thomas

When a debtor files a Chapter 7 bankruptcy petition, all of the debtor’s assets become property of the bankruptcy estate, see 11 U. S. C. § 541, subject to the debtor’s right to reclaim certain property as “exempt,” § 522(0. The Bankruptcy Code specifies the types of property debtors may exempt, § 522(b), as well as the maximum value of the exemptions a debtor may claim in certain assets, § 522(d). Property a debtor claims as exempt will be excluded from the bankruptcy estate “[u]nless a party in interest” objects. §522(0.

This case presents an opportunity for us to resolve a disagreement…

2Cases cited21 opinions

  1. Duncan v. WalkerSupreme Court of the United States · 2001
  2. Kawaauhau v. GeigerSupreme Court of the United States · 1998
  3. Lamie v. United States TrusteeSupreme Court of the United States · 2004
  4. Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000
  5. Taylor v. Freeland & KronzSupreme Court of the United States · 1992

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3Cited by296 opinions

  1. Law v. SiegelSupreme Court of the United States · 2014
  2. Official Committee of Unsecured Creditors v. Hancock Park Capital II, L.P.Court of Appeals for the Ninth Circuit · 2013
  3. Clark v. RamekerSupreme Court of the United States · 2014
  4. Gebhart v. GaughanCourt of Appeals for the Ninth Circuit · 2010
  5. Mwangi v. Wells Fargo Bank, N.A. (In Re Mwangi)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2010

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