In Re Bork

MEMORANDUM DECISION 1 ON TRUSTEE’S OBJECTION TO EXEMPTION

MARGARET DEE MeGARITY, Chief Judge.

This matter came before the court on the chapter 7 trustee’s objection to the debtors’ exemption of life insurance policies with cash • surrender values totaling $90,027.00. The debtors opposed the objection and the parties filed briefs explaining their respective positions. This is a core proceeding under 28 U.S.C. § 157(b)(2)(B), and the court has jurisdiction under 28 U.S.C. § 1334. This decision constitutes the court’s findings of facts and conclusions of law pursuant to Fed. R. Bankr.P. 7052.

ISSUE

W…