Legal Opinion

In Re Tinkess

United States Bankruptcy Court, D. Alaska

Decided September 26, 2008No. 15-00251Published

1Opinion of the Court

MEMORANDUM ON ALASKA NATIONAL INSURANCE COMPANY’S OBJECTION TO CLAIM OF EXEMPTIONS [Re: PFDS]

DONALD MacDONALD IV, Bankruptcy Judge.

Alaska National Insurance Company (“ANIC”) objects to the debtors’ claims of exemption in their 2007 Alaska Permanent Fund Dividends (“PFDs”). ANIC contends that the debtors no longer had an interest in the PFDs at the time they filed their chapter 7 petitions. The debtors claim they did, and that they are entitled to take the “wild card” exemption provided by 11 U.S.C. § 522(d)(5) to exempt the full amount of their PFDs. For the reasons stated below, I find for…

2Cases cited6 opinions

In Re: Russell Schwartz Linda Schwartz, Debtors. Russell Schwartz Linda Schwartz v. United StatesCourt of Appeals for the Ninth Circuit · 1992
In Re Robert Gruntz, Debtor. Robert Gruntz v. Opinion County of Los Angeles Los Angeles District AttorneyCourt of Appeals for the Ninth Circuit · 2000
In Re CrossUnited States Bankruptcy Court, N.D. Indiana · 2000
Phoenix Bond & Indemnity Co. v. Shamblin (In re Shamblin)Court of Appeals for the Ninth Circuit · 1989
In Re WallaceUnited States Bankruptcy Court, W.D. Michigan · 2006

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