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IN RE SHACKELFORD

Bankruptcy No. 682-00357-D, Adv. No. 682-0416.

27 B.R. 372 (1983)

In re Donald Wayne SHACKELFORD and Joyce Ann Shackelford, Debtors. Stephen G. BASS, Trustee, Plaintiff, v. Donald Wayne SHACKELFORD and Joyce Ann Shackelford, Defendants.

United States Bankruptcy Court, W.D. Virginia, Danville Division.

February 3, 1983.

Attorney(s) appearing for the Case

Stephen G. Bass, trustee, plaintiff.

Randy W. Sinclair, Danville, Va., for debtors.

MEMORANDUM OPINION

WILLIAM E. ANDERSON, Bankruptcy Judge.

The sole issue before the Court is whether a Debtor may claim as exempt funds deposited in an Individual Retirement Account insofar as the value of the exempted funds exceeds the amount permitted under the Virginia Homestead Exemption.

On April 28, 1982, the Debtors filed their voluntary joint petition in bankruptcy under Chapter 7 of the Bankruptcy...

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