In Re Varanasi

FINDINGS OF FACT,' CONCLUSIONS OF LAW AND MEMORANDUM OPINION ON TRUSTEE’S OBJECTION TO EXEMPTION

C. KATHRYN PRESTON, Bankruptcy Judge.

This cause came on for hearing upon the Objection to Debtors’ Claim of Exemptions (Doc. 23) filed by Chapter 7 Trustee, and the Debtors’ Reply thereto (Doc. 27). Present at the hearing were Brent A. Stubbins, Trustee and counsel for the Trustee, Stephen Heine, counsel for Debtors, and debtors Vijay V. Varanasi and Joetta J. Varanasi (hereinafter “Debtors”).

The Court has jurisdiction over this matter pursuant to 28 U.S.C. § 1334 and the General Order of Reference…