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IN RE NICKEAS

No. 11-12304.

503 B.R. 453 (2013)

In the Matter of Mark T. NICKEAS and Terese A. Nickeas, Debtors.

United States Bankruptcy Court, W.D. Wisconsin.

August 6, 2013.

Attorney(s) appearing for the Case

Colten L. Fleu , Madison, WI, Craig E. Stevenson , Krekeler Strother, S.C., Madison, WI, for Debtors.

Sheree G. Dandurand , Madison, WI, for U.S. Trustee.

MEMORANDUM DECISION

ROBERT D. MARTIN, Bankruptcy Judge.

The debtors operate a small golf course with a bar and snack-food eatery, which is virtually dependent on its liquor license. Apex Mortgage Corp. claims a lien on that license. The debtors seek to avoid the lien under 11 U.S.C. § 522(f)(1)(B)(ii), arguing that the liquor license is a "tool of the trade." Specifically, they claim an exemption in the license under § 522(d)(5), the "wildcard...

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