In Re Ree

ORDER GRANTING TRUSTEE’S MOTION FOR DISALLOWANCE OF DEBTOR’S CLAIM OF EXEMPTION

MICKEY DAN WILSON, Bankruptcy Judge.

On June 29, 1989 and August 3, 1989, there came on for hearing the Trustee’s motion for disallowance of Debtor’s claim of exemption of an individual retirement account; after hearing, the matter was taken under advisement. Upon consideration of stipulations and briefs filed by the parties, and of the record herein, the Court, pursuant to Bankruptcy Rules 7052 and 9014, finds, concludes and orders as follows.

FINDINGS OF FACT

In June 1984, N. Tracy Ree (“Ree,” “Debtor”) guaranteed…