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IN RE CRAMER

Bankruptcy No. 79-00821.

3 B.R. 428 (1980)

In re Larry Niels CRAMER, Martha Louise Cramer fna Martha Louise Natta, husband and wife, dba Ye Olde Tack Shoppe, Debtors.

United States Bankruptcy Court, D. Arizona.

March 6, 1980.

Attorney(s) appearing for the Case

Gerard Anderson, Tucson, Ariz., for debtors.

Charles D. McCarty, Tucson, Ariz., for trustee.

MEMORANDUM OPINION

WILLIAM A. SCANLAND, Bankruptcy Judge.

The debtors filed a joint petition in bankruptcy under Chapter 7 of the Code on October 4, 1979. The debtors did not claim a homestead exemption but in their Schedule B-4 claimed a "catch-all" federal exemption under 11 U.S.C. § 522(d)(5) of a $10,000.00 inventory of the business. The business conducted was a horse equipment retail sales shop. The business...

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