Legal Opinion
In Re Bates
United States Bankruptcy Court, D. Maine
Decided December 13, 1994No. 19-20035PublishedCited by 14 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
JAMES B. HAINES, Jr., Bankruptcy Judge.
Before the court are First Citizens Bank’s (“First Citizens” or “the bank”) objection to the debtor’s exemption claim in a self-directed individual retirement account (“IRA”) and the debtor’s motion to avoid First Citizens’ lien in the same asset. For the reasons set forth below, the bank’s objection is overruled and the debtor’s lien avoidance motion is, after a fashion, granted. 1
BACKGROUND
Paul E. Bates (“Bates” or “debtor”) filed a voluntary Chapter 7 petition on June 29, 1994. Among his exemption claims he designated his…
2Cases cited56 opinions
- Patterson v. ShumateSupreme Court of the United States · 1992
- Owen v. OwenSupreme Court of the United States · 1991
- Kokoszka v. BelfordSupreme Court of the United States · 1974
- Kosta P. Velis, Debtor-Appellant v. Mary Kardanis, Creditor-AppelleeCourt of Appeals for the Third Circuit · 1991
- Warren v. Taff (In Re Taff)United States Bankruptcy Court, D. Connecticut · 1981
51 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- In Re BennettUnited States Bankruptcy Court, D. Maine · 1996
- In Re ColeUnited States Bankruptcy Court, D. Maine · 1995
- In Re ZottUnited States Bankruptcy Court, E.D. Michigan · 1998
- In Re HoppesUnited States Bankruptcy Court, N.D. Ohio · 1996
- Sanders v. SandersSupreme Judicial Court of Maine · 1998
9 more not listed; retrieve them via the Exa API.