In Re Borchers
United States Bankruptcy Court, W.D. Texas
1Opinion of the Court
DECISION AND ORDER ON OBJECTION TO THE DEBTORS’ CLAIM OF EXEMPTIONS
LEIF M. CLARK, Bankruptcy Judge.
CAME ON for consideration the objection of Victoria Bank & Trust Company (the “Bank”) to the Debtors’ claim of exemptions. The dispute is over the Debtors claiming as exempt $48,490 worth of assorted personal property, and also claiming as exempt $44,-747.31 worth of life insurance policies. 1 This, says the Bank, places the Debtors over the $60,000 cap on personal property exemptions imposed by section 42.001 of the Texas Property Code. TexPeop. Code Ann., § 42.001 (Vernon Supp.1996). The…
2Cases cited6 opinions
- Cobbs v. ColemanTexas Supreme Court · 1855
- In Re BrothersUnited States Bankruptcy Court, N.D. Texas · 1988
- H & C Communications, Inc. v. Reed's Food International, Inc., Texas Court of Appeals, 4th District (San Antonio)1994
- In Re YoungUnited States Bankruptcy Court, E.D. Texas · 1994
- In Re ShurleyUnited States Bankruptcy Court, W.D. Texas · 1993
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3Cited by2 opinions
- In Re ScottUnited States Bankruptcy Court, N.D. Texas · 1996
- Milligan v. TrautmanDistrict Court, W.D. Texas · 2006