In re Enloe
United States Bankruptcy Court, S.D. Texas
1Opinion of the Court
*417 MEMORANDUM OPINION
Marvin Isgur, UNITED STATES BANKRUPTCY JUDGE
Sharron and Stepehn Waszkiewicz (collectively, “the Waszkiewiczes”) have filed an objection to Debtor Kim Enloe’s claimed homestead exemption of $155,600.00 pursuant to 11 U.S.C. § 522(o). Enloe transferred $195,000.00 of non-exempt assets into his homestead with the intent to hinder, delay, or defraud creditors. He also invested $110,000.00 of exempt assets into his homestead. Accordingly, his homestead exemption must be reduced to 36.1% of the proceeds from the sale of his home up to the $155,675.00 limit set by 11 U.S.C. §…
2Cases cited9 opinions
- Robertson v. Dennis (In Re Dennis)Court of Appeals for the Fifth Circuit · 2003
- Addison v. SeaverCourt of Appeals for the Eighth Circuit · 2008
- Wallace v. RogersCourt of Appeals for the Fifth Circuit · 2008
- In Re SholdanCourt of Appeals for the Eighth Circuit · 2000
- Dutreix v. Fontenot (In Re Fontenot)United States Bankruptcy Court, W.D. Louisiana · 1988
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