Legal Opinion

In Re McBride

United States Bankruptcy Court, S.D. Texas

Decided August 7, 2006No. 19-30390PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM OPINION ON TRUSTEE’S OBJECTION TO EXEMPTIONS

JEFF BOHM, Bankruptcy Judge.

I. INTRODUCTION

This Memorandum Opinion addresses the issue of whether after-tax contributions to an ERISA-qualified savings plan constitute property of the bankruptcy estate. 1 The Debtor claimed her savings plan as exempt under Texas state law. [Docket No. 1, Schedule C.] The Trustee objected to the exemption of the Debtor’s after-tax contributions to the savings plan. [Docket No. 9.] For the reasons set forth below, this Court holds that the Debtor’s after-tax contributions are excluded from the bankruptcy…

2Cases cited22 opinions

  1. Patterson v. ShumateSupreme Court of the United States · 1992
  2. Nachman Corp. v. Pension Benefit Guaranty CorporationSupreme Court of the United States · 1980
  3. Guidry v. Sheet Metal Workers National Pension FundSupreme Court of the United States · 1990
  4. In the Matter of Daniel J. YONIKUS and Carolyn S. Yonikus, Debtors. Appeal of Daniel J. YONIKUSCourt of Appeals for the Seventh Circuit · 1993
  5. In Re Basil N. Spirtos, Debtor. Basil N. Spirtos v. Irene MorenoCourt of Appeals for the Ninth Circuit · 1993

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3Cited by4 opinions

  1. In Re LeahyUnited States Bankruptcy Court, D. Vermont · 2007
  2. McDonnell v. GilbertUnited States Bankruptcy Court, D. New Jersey · 2022
  3. Shirley T SherrodUnited States Bankruptcy Court, D. South Carolina · 2024
  4. Shirley T SherrodUnited States Bankruptcy Court, D. South Carolina · 2024

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