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Smith v. Fauquier Bank (In re Smith) (Case No. 10-62948; A.P. No. 11-06002) 04/13/2011

            The debtor filed a motion under 11 U.S.C. § 522(f), but she incorrectly applied the statutory formula.  The Court applied the formula and avoided the lien to the actual extent it impaired the debtor’s exemption.

Date: 
Wednesday, April 13, 2011
Category: 
Chapter 7 Issues
Lien Avoidance
Chapter: 
7