Coppola v. Beeson (In Re Coppola)

In these consolidated appeals, Debtor Coppola challenges a judgment denying his retirement annuity account exemption in bankruptcy and a separate judgment that the same account is not a “retirement system” account under Chapter 821 of the Texas Government Code, protected from the consequences of assignments or pledges. For the reasons stated herein, we AFFIRM the lower courts’ judgments.

BACKGROUND

On October 11, 1999, Joseph C. Coppola and his wife Sheri Lyn Beeson divorced. The divorce decree provides for fifty-three monthly alimony payments of $4,000, totaling $212,000, which were declared…