Matter of Hyde

ORDER

JACK CADDELL, Bankruptcy Judge.

This matter is before the Court on the objection filed by Prudential Securities, Inc. (hereinafter “Prudential”) to debtor’s claims of exemption of an individual retirement account (“IRA”) and certain life insurance proceeds. The hearing in this matter was held on the 14th day of August, 1996. The parties were granted leave to file post-hearing briefs on the issue of whether debtor’s claims of exemption are due to be allowed as filed or overruled.

The facts of the present proceeding are essentially undisputed. The debtor filed a petition for relief under…