In Re Bethea
District Court, District of Columbia
1Opinion of the Court
DECISION RE OBJECTION TO EXEMPTIONS
S. MARTIN TEEL, Jr., Bankruptcy Judge.
Under consideration is the Chapter 7 trustee’s Objection to Exemptions (Docket Entry (“D.E.”) No. 8, filed January 4, 2002). The debtor opposes the trustee’s objection (D.E. No. 13, filed January 18, 2002). For the following reasons, the trustee’s objection will be sustained in part.
I
The debtor scheduled his residence as having a value of $136,000.00. The residence is subject to a mortgage hen of $114,750.00. 1 The debtor claimed the entire value of the property as exempt under 11 U.S.C. § 522(b)(2). Unless the mortgage…
2Cases cited12 opinions
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- Kepler v. Weis (In Re Weis)United States Bankruptcy Court, W.D. Wisconsin · 1988
- Carvell v. Bank One, Lafayette, N.A. (In Re Carvell)Bankruptcy Appellate Panel of the First Circuit · 1998
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