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IN RE MOUNT

Bankruptcy No. 84-484.

50 B.R. 305 (1985)

In re Theodore E. MOUNT, Debtor.

United States Bankruptcy Court, D. New Hampshire.

June 26, 1985.

Attorney(s) appearing for the Case

Ann L. McLane, Manchester, N.H., for debtor.

Dennis Bezanson, S. Portland, Me., Trustee.

ORDER SUSTAINING OBJECTION TO EXEMPTION

JAMES E. YACOS, Bankruptcy Judge.

The trustee in bankruptcy in this case has objected to the debtor's claim of exemption of a life insurance policy having a cash value of $3,183.00. The debtor claims the policy exempt under New Hampshire Statutes, RSA § 408:2, which provides as follows:

480:2 Third Person. If a policy of life or endowment insurance is effected by any person on his own life...

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