IN RE MALLOY

Bankruptcy No. 79-649-BK-J-GP.

2 B.R. 674 (1980)

In re Peter Jerome MALLOY, Jr., Debtor.

United States Bankruptcy Court, M.D. Florida, Jacksonville Division.

February 13, 1980.


Attorney(s) appearing for the Case

Abdo Yazgi, East Norwich, N.Y., for debtor.

Victor E. Raymos, Jacksonville, Fla. Trustee.


ORDER ON TRUSTEE'S OBJECTION TO CLAIM OF EXEMPTIONS

GEORGE L. PROCTOR, Bankruptcy Judge.

The debtor was, during the relevant prepetition time period, an insurance sales agent whose remuneration came in the form of commissions. When he sold a policy, he would receive part of the commission immediately and the remainder would be paid to him over a number of years providing the policyholder renewed the policy. The debtor claimed approximately $500 of these...

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