Goodreau v. Kepler

OPINION AND ORDER

WILLIAM M. CONLEY, District Judge.

Kurt A. and Charlene Goodreau appeal from an opinion and order of the Bankruptcy court for the Western District of Wisconsin, which dismissed their petition for Chapter Seven bankruptcy protection.1 The appeal turns on the Goodreaus’ assertion that their Prudential Financial stock constitutes a “depository account” within the meaning of Wis. Stat. § 815.18(3)(k), and thus are exempt from execution. The bankruptcy court disagreed, disallowing the exemption. For the reasons set forth below, this court agrees and will affirm the bankruptcy…