IN RE ALLEN

Bankruptcy No. 7-84-00165 MR.

44 B.R. 38 (1984)

In re Earl C. ALLEN and Eva Mae Allen, Debtor.

United States Bankruptcy Court, D. New Mexico.

September 28, 1984.


Attorney(s) appearing for the Case

John R. Douglass, Seminole, Tex., Mike Collopy, Hobbs, N.M., for debtors.

Robert Waldman, Roswell, N.M., trustee.

Craig LaBree, Hobbs, N.M., for Jack Walstad Oil.


MARK B. McFEELEY, Bankruptcy Judge.

MEMORANDUM OPINION

This matter came before the Court on the motion to avoid a judicial lien filed by the debtors Earl C. Allen and Eva Mae Allen. As grounds for this motion, they stated that their homestead is exempt from the property of the estate pursuant to 11 U.S.C. 522(b)(1), 11 U.S.C. 522(d) and N.M.S.A. § 42-10-9 in the amount of $27,500.00. They placed a total value on the real property at $27,500.00 which...

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