In Re: Fernando Villasenor Calderon, Debtor, 501 B.R. 726 (2013)

Oct 23, 2013

OUTCOME: Court ruled that debtor may exempt tools of the trade owned personally but used in a corporation.

Bankruptcy Trustee sought to set aside debtor's exemption for "tools of the trade" owned by the debtor, but used by the debtor in his corporation to earn income.