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IN RE KING

Bankruptcy No. 382-00565.

27 B.R. 754 (1983)

In re Arnold Eugene KING and Jackie Faye King, Debtors.

United States Bankruptcy Court, M.D. Tennessee, Nashville Division.

February 17, 1983.

Attorney(s) appearing for the Case

E. Covington Johnston, Jr., Franklin, Tenn., for debtors.

Robert H. Waldschmidt, Nashville, Tenn., trustee.

MEMORANDUM AND ORDER

KEITH M. LUNDIN, Bankruptcy Judge.

The issue before the court is whether the debtors are entitled to exempt the proceeds of a lawsuit settlement received by the debtors after their bankruptcy case was closed. Debtors argue that the trustee abandoned any interest in the settlement proceeds by signing the no asset notice in the case. The debtors move to reopen their case and amend schedule B-4 to claim the settlement proceeds as exempt...

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