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IN RE COATES

Bankruptcy No. 99-51062-7.

242 B.R. 901 (2000)

In re Waverly Floyd COATES, Wynona Evelyn Coates, Debtors.

United States Bankruptcy Court, N.D. Texas, Lubbock Division.

January 6, 2000.

Attorney(s) appearing for the Case

Floyd Holder, Lubbock, TX, for debtors.

Max Tarbox, Lubbock, TX, Chapter 7 Trustee.

MEMORANDUM OF OPINION ON OBJECTION TO EXEMPTIONS

JOHN C. AKARD, Bankruptcy Judge.

The Trustee-in-Bankruptcy objects to the Debtors' claim of exemption in two vehicles and their home because on the eve of bankruptcy they disposed of nonexempt property and used the proceeds to pay off the liens on those items. The court finds that the exemption for the homestead must be allowed and that the Trustee has a lien on the...

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