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IN RE ELLIOT

No. 10-31663 ABC.

448 B.R. 843 (2011)

In re Neil W. ELLIOT, SSN: XXX-XX-XXXX, Debtor.

United States Bankruptcy Court, D. Colorado.

May 10, 2011.

Attorney(s) appearing for the Case

W. Robert Montgomery, Lakewood, CO, for Debtor.

RULING AND ORDERS ON TRUSTEE'S OBJECTION TO DEBTOR'S CLAIM OF EXEMPTION

A. BRUCE CAMPBELL, Bankruptcy Judge.

Under specified circumstances, Colorado law permits a debtor to exempt proceeds from the sale of a homestead when those proceeds are not immediately reinvested in another homestead. C.R.S. § 38-41-207. This contested matter presents a question of first impression: does the Colorado homestead proceeds exemption cover surplus proceeds paid...

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