OPINION
BARRY, District Judge.
I. INTRODUCTION
Appellant Kosta P. Velis a/k/a Konstantin P. Velis ("debtor") filed a voluntary Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the District of New Jersey on December 18, 1986. On January 26, 1988, appellee Mary Kardanis, who holds a multi-million dollar medical malpractice judgment against the debtor, filed an objection to his claimed exemption from the bankruptcy estate of...
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