Schwab v. Reilly
Supreme Court of the United States
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
- Duncan v. WalkerSupreme Court of the United States · 2001
- Kawaauhau v. GeigerSupreme Court of the United States · 1998
- Lamie v. United States TrusteeSupreme Court of the United States · 2004
- Hartford Underwriters Insurance v. Union Planters Bank, N. A.Supreme Court of the United States · 2000
- Taylor v. Freeland & KronzSupreme Court of the United States · 1992
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3Cited by296 opinions
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- Gebhart v. GaughanCourt of Appeals for the Ninth Circuit · 2010
- Mwangi v. Wells Fargo Bank, N.A. (In Re Mwangi)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2010
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