In Re Norkus
United States Bankruptcy Court, S.D. Iowa
1Opinion of the Court
MEMORANDUM OF DECISION
LEE M. JACKWIG, Bankruptcy Judge.
Chapter 7 Debtors Karlis and Peggy Norkus (“Debtors”) claim their homestead exempt from the bankruptcy estate. Alleging the Debtors acquired their homestead after incurring other debts that are listed on their bankruptcy schedules, Chapter 7 Trustee A. Fred Berger (“Trustee”) objects.
The Court has jurisdiction of this matter pursuant to 28 U.S.C. § 1334 and the standing order of reference entered by the District Court for the Southern District of Iowa. This is a core matter under 28 U.S.C. § 157(b)(2)(B).
BACKGROUND
On November 1, 1999 the…
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