Stinson v. Williamson (In re Williamson)

JERRY EDWIN SMITH, Circuit Judge:

Glen A. Stinson and various members of the Stinson family appeal from a district court order recognizing Clyde E. Williamson’s claim to a state homestead exemption in proceeds derived from the sale of real property that had once served as his residence. Because the district court read the Mississippi homestead statute, Miss. Code Ann. § 85-3-21 (Supp.1987), to allow the debtor a maximum exemption irrespective of the source of the proceeds, Williamson was able to avoid the Stinsons’ judgment lien in its entirety. Although we agree that Williamson is entitled to…