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IN RE T L G COMPUTING SERVICES, INC.

Bankruptcy No. 3-82-00714(D).

20 B.R. 568 (1982)

In re T L G COMPUTING SERVICES, INC., Debtor.

United States Bankruptcy Court, W.D. Kentucky.

June 4, 1982.

Attorney(s) appearing for the Case

Joseph E. Rose, trustee.

Bruce Lee Kleinschmidt, Louisville, Ky., for debtor.

ORDER

MERRITT S. DEITZ, Jr., Bankruptcy Judge.

Kentucky corporations are entitled to a general $1,000 exemption in bankruptcy. That unanticipated truth is revealed in a case of first impression involving a literal reading of the Kentucky exemption statutes, KRS Chapter 427, as amended in 1980.

T L G Computing Services, Inc., routinely claimed, in its bankruptcy petition, the exemption of a copying machine and typewriter having a total value of $850...

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