IN RE ROBERT NATHAN REICHER AND SUZANNE P. CARTER-REICHER, NO. 21-1270, 2023 U.S. DIST. LEXIS 59494 (C.D. CAL. APRIL 4, 2023)
Apr 04, 2023OUTCOME: Debtors Prevailed. U.S. Bankruptcy Court's decision to overrule the trustee's objection was upheld.
Chapter 7 Trustee objected to Debtors' homestead exemption arguing the U.S. Bankruptcy Code did not allow the Section 522(p) cap to be applied to each debtor separately, despite the fact that is exactl ... y what Section 522(m) states. Debtors prevailed against the trustee's objection.