IN RE DARDAR

Bankruptcy No. 80-00100.

3 B.R. 641 (1980)

In re Joseph Anthony DARDAR, Ana Lydia Darby Dardar, Debtors.

United States Bankruptcy Court, E.D. Virginia, Norfolk Division.

April 28, 1980.


Attorney(s) appearing for the Case

Tom C. Smith, Virginia Beach, Va., for debtors.

Michael A. Glasser, Norfolk, Va., for Associates Financial Services Co. of Virginia, Inc.


HAL J. BONNEY, Jr., Bankruptcy Judge.

In this case of first impression, the Court must interpret and define 11 U.S.C. § 522(f)(2).

Joseph and Ana Dardar [debtors] filed a voluntary petition for bankruptcy on February 5, 1980. Pursuant to § 34-4, Code of Virginia, as amended, 1979, the debtors filed a homestead deed through which they declared $4,712.00 worth of property exempt. $5000 is the maximum homestead exemption permitted in Virginia. The debtors...

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