IN RE DONALDSON

Bankruptcy No. 91-11226.

156 B.R. 51 (1993)

In re Frank and Patricia DONALDSON, Debtors.

United States Bankruptcy Court, N.D. California.

July 21, 1993.


Attorney(s) appearing for the Case

Patricia H. Lyon, Buchalter, Nemer, Fields & Younger, San Francisco, CA for Jeffry G. Locke, trustee.


ORDER OVERRULING OBJECTION TO HOMESTEAD EXEMPTION

ALAN JAROSLOVSKY, Bankruptcy Judge.

Prior to bankruptcy, a deed of trust holder foreclosed on the debtor's home. The debtors took the position that the foreclosure procedure was defective, and brought suit to invalidate the sale. As a settlement of the suit, the parties agreed that the debtors would have a specified amount of time to sell the property; if they were successful, the creditor would take only...

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