In Re Gibson
United States Bankruptcy Court, N.D. Texas
1Opinion of the Court
ORDER SUSTAINING TRUSTEE’S OBJECTION TO CLAIMED EXEMPTIONS
JOHN C. AKARD, Bankruptcy Judge.
On January 12,1987 came on to be heard the Trustee’s Objection to Claimed Exemptions. The Debtors have claimed as exempt a 1968 Rivers boat which they state has a value of $800.00 and a 1972 Holiday trailer which they state has a value of $1,500.00.
The boat is used by the family for recreational purposes, principally water skiing, and the Debtors therefore assert that it is exempt as part of their “athletic and sporting equipment.” Section 42.002(3)(E) of the Texas Property Code allows the Debtors as…
2Cases cited1 opinion
- In Re CypertUnited States Bankruptcy Court, N.D. Texas · 1987
3Cited by2 opinions
- In Re GriffinUnited States Bankruptcy Court, W.D. Texas · 1992
- Crockett v. Lowe (In Re Crockett)Court of Appeals for the Fifth Circuit · 1998