United States Ex Rel. Farmers Home Administration v. Coffman (In Re Coffman)

OPINION

CUMMINGS, District Judge.

I. Nature of the Case

Barbara A. Coffman (Debtor) filed a voluntary petition in bankruptcy under Chapter 7 on February 3, 1993. Mrs. Coffman is a widow who lives alone and has no dependents. The Farmers Home Administration (FmHA) holds a secured claim against Debt- or in the amount of $188,275.72, based on eight FmHA loans to Debtor totalling $329,-200. The FmHA holds a perfected security interest in Debtor’s property and proceeds therefrom. Debtor has elected to use the exemption scheme set out by Texas law, under which she claims $57,250.35 of her personal…