In re Kelley, 255 B.R. 783 (Bkrtcy.N.D.Ala.,2000)

Tazewell T Shepard III

Practice Area:Chapter 7 Bankruptcy

Outcome:Bankruptcy Court sustained our objection.

Description:The debtor's exemption was claimed in bad faith and was due to be disallowed in its entirety, given debtor's failure to disclose at filing the true value of the judgment, which was easily ascertainable, or to amend his schedules to accurately reflect its true value after a reasonable opportunity for further investigation.