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In re Lane (Case No. 17-70336) 7/19/2017

The Court overruled the Trustee's objection to Debtors' claimed exemption in personal injury proceeds.  The trustee objected to the exemption under Va. Code Ann. Section 34-28.1 on the grounds that Debtors lost their claimed exemption when the funds were commingled. Construing exemptions liberally in favor of the Debtors, the Court held that the funds were clearly traceable and properly segregated at the time of filing the petition.

Date: 
Wednesday, July 19, 2017
Category: 
Chapter 13 Issues
Exemptions
Chapter: 
13