Legal Opinion
In Re Chasen
United States Bankruptcy Court, E.D. New York
Decided October 5, 1987No. 1-19-40872PublishedCited by 2 opinions
1Opinion of the Court
DECISION & ORDER
C. ALBERT PARENTE, Bankruptcy Judge.
The court has before it an objection by a Chapter 7 trustee to the claimed exemption by the debtors of funds in an Individual Retirement Account (“IRA”).
Resolution of the issue involves interpretation of New York state law insofar as it was enacted pursuant to Congress’ invitation to the states in § 522(b)(1) of the Bankruptcy Code (the “Code”) to offer its domi-ciliaries exemptions different than those enumerated in § 522(d) of the Code.
In order to effectuate the intrinsic goal of modern bankruptcy law of providing an honest debtor a fresh…
2Cases cited2 opinions
- In Re ArnoldUnited States Bankruptcy Court, E.D. New York · 1983
- Lipshie v. Bartley (In Re Bartley)United States Bankruptcy Court, E.D. New York · 1983
3Cited by2 opinions
- Taft v. O'Connell (In Re Taft)District Court, E.D. New York · 1995
- In Re KramerUnited States Bankruptcy Court, E.D. New York · 1991