In Re Billington
United States Bankruptcy Court, M.D. Tennessee
1Opinion of the Court
MEMORANDUM
GEORGE C. PAINE, II, Chief Judge.
This matter is before the court on Susan R. Limor, Chapter 7 Trustee’s (hereinafter “Trustee”) objection to the Wallace Hill Billington’s (hereinafter “Debtor”) claimed exemptions in two insurance policies. The trustee contends that because the policies list the debtor’s non-dependent mother as the primary beneficiary, the exemptions taken by the debtor in the insurance policies are inappropriate pursuant to T.C.A. § 56-7-203. The debtor argues that because his son is listed as a contingent beneficiary, his exemptions are allowable under Tennessee…
2Cases cited4 opinions
- Lunsford v. Nashville Savings & Loan Corp.Tennessee Supreme Court · 1931
- In Re ClemmerUnited States Bankruptcy Court, E.D. Tennessee · 1995
- In re Estate of BruceCourt of Appeals of Tennessee · 1968
- Newport v. Thurman (In Re Thurman)District Court, M.D. Tennessee · 1991
3Cited by1 opinion
- In Re PatelUnited States Bankruptcy Court, D. South Carolina · 2010