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WUDRICK v. CLEMENTS

Nos. 25449, 25537.

451 F.2d 988 (1971)

Kenneth G. WUDRICK, Bankrupt, Appellant, v. Richard R. CLEMENTS, Trustee, Appellee. In the Matter of James E. ROON and Vivienne O. Roon, Bankrupts. Carlyle MICHELMAN, Trustee, Appellant, v. James E. ROON and Vivienne O. Roon, Appellees.

United States Court of Appeals, Ninth Circuit.

November 26, 1971.

Attorney(s) appearing for the Case

Lawrence Diamant (argued), Herbert Wolas, Robinson, Wolas & Hagen, Los Angeles, Cal., for Carlyle Michelman and Richard R. Clements.

David Gill (argued), of Danning & Gill, Sherman Oaks, Cal., for James E. and Vivienne O. Roon.

Andrew F. Leoni (argued), of Slate & Leoni, Los Angeles, Cal., for Kenneth G. Wudrick.

Before BARNES, BROWNING and TRASK, Circuit Judges.

PER CURIAM:

When bankruptcy appeared inevitable, Mr. and Mrs. Roon consulted experienced bankruptcy counsel. One of the things they did on his advice to enhance their exemptions was to refinance their 1966 Chevrolet. The bank loaned them $2,325 on the car. From this amount they paid off the previous car loan and their attorney's fees, and deposited $800 in the Union Federal Savings & Loan Association. They then filed petitions in bankruptcy. They claimed that...

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