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IN RE JENNINGS

Bankruptcy No. BK 89-40734.

107 B.R. 165 (1989)

In re Jackie Leon JENNINGS and Cynthia Lynn Jennings, Debtor(s).

United States Bankruptcy Court, S.D. Illinois.

November 2, 1989.

Attorney(s) appearing for the Case

James Moore, Carterville, Ill., for Carterville State & Sav. Bank.

Sara Nierste, Dongola, Ill., for debtors.

MEMORANDUM AND ORDER

KENNETH J. MEYERS, Bankruptcy Judge.

Carterville State and Savings Bank (Bank) has filed an objection to an exemption claimed by debtors in a 1980 Chevrolet Impala automobile under the Illinois exemption statute for motor vehicles. See Ill.Rev.Stat., ch. 110, para. 12-1001(c). Debtors claim an exemption for the full value of the automobile in the amount of $500.00. It is undisputed that the Bank's lien far exceeds the value of...

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