INDUSTRIAL VALLEY BANK v. ROSENFIELD

No. 74 January term, 1985.

37 Pa. D. & C. 3d 621 (1985)

Industrial Valley Bank and Trust Co. v. Rosenfield

Common Pleas Court of Philadelphia County, Pennsylvania.

December 12, 1985.


Attorney(s) appearing for the Case

Jonathan D. Schiffman, for plaintiff.

Robert Rosenfield, for defendant.


GORDON, J., December 12, 1985.

This action in equity was instituted by plaintiff, the Industrial Valley Bank & Trust Company (hereinafter bank) seeking to enforce a writ of execution against defendant David M. Rosenfield's Individual Retirement Account (I.R.A.) which defendant had invested with Metropolitan Life Insurance Company (hereinafter Metropolitan). The main thrust of this case centers around the classification of I.R.A.'s for exemption from execution...

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