IN RE HOWERTON

Bankruptcy No. 481-00571.

21 B.R. 621 (1982)

In re James Douglas HOWERTON & wife, Blanche Howerton, Debtors.

United States Bankruptcy Court, N.D. Texas, Fort Worth Division.

July 14, 1982.


Attorney(s) appearing for the Case

Thomas D. Powers, Fort Worth, Tex., interim trustee.

Jimmie C. Dixon, Granbury, Tex., for debtors.


MEMORANDUM OPINION

JOHN FLOWERS, Bankruptcy Judge.

The Debtors, James and Blanche Howerton, established Individual Retirement Annuity (I.R.A.) contracts pursuant to 26 U.S.C. § 408 through Dixie National Life Insurance Company in 1977. They now claim that the cash surrender value of their I.R. A.s is not property of the estate, or, alternatively, that it is exempt property under Texas law. The Trustee objects and claims the cash surrender value of both...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases