Legal Opinion

In Re Hysick

United States Bankruptcy Court, E.D. Pennsylvania

Decided September 28, 1988No. 19-10513PublishedCited by 18 opinions

1Opinion of the Court

MEMORANDUM OPINION

THOMAS M. TWARDOWSKI, Bankruptcy Judge.

Creditor Meridian Bank (“Meridian”) has filed an objection to an exemption in á pension fund claimed by debtor Richard Hysick (“debtor”) pursuant to 11 U.S.C. § 522(d)(10)(E). Based upon the following analysis, we find that this pension fund constitutes a valid spendthrift trust under state law, and that this is excluded from property of the estate. Meridian’s objection to the exemption is moot.

I. Factual Background

Debtor, a 33 year old individual, claimed an exemption in $12,102.65 held in a pension fund of which Meridian Asset…

2Cases cited25 opinions

  1. In Re Charles W. Graham, Debtor. Edward F. Samore, Trustee v. Charles W. Graham, Trustee of the Charles W. Graham, M.D. Ltd. Profit Sharing Plan TrustCourt of Appeals for the Eighth Circuit · 1984
  2. In Re Alan David Lichstrahl, Debtor. Alan David Lichstrahl v. Bankers TrustCourt of Appeals for the Eleventh Circuit · 1985
  3. Goff v. TaylorCourt of Appeals for the Fifth Circuit · 1983
  4. In Re Robert H. Clark, Debtor. Robert H. Clark v. Thomas J. O'neill, as Trustee. Robert H. ClarkCourt of Appeals for the Third Circuit · 1983
  5. Regan v. RossCourt of Appeals for the Second Circuit · 1982

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3Cited by18 opinions

  1. Kosta P. Velis, Debtor-Appellant v. Mary Kardanis, Creditor-AppelleeCourt of Appeals for the Third Circuit · 1991
  2. In Re KincaidCourt of Appeals for the Ninth Circuit · 1990
  3. Matter of VelisDistrict Court, D. New Jersey · 1991
  4. Spencer v. Blanchard (In Re Blanchard)United States Bankruptcy Court, E.D. Pennsylvania · 1996
  5. Raymond Lione Morter, AKA D/B/A Swinengineering, Inc., Debtor-Appellant v. Farm Credit ServicesCourt of Appeals for the Seventh Circuit · 1991

13 more not listed; retrieve them via the Exa API.

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