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IN RE BOWES

Bankruptcy No. 293-20135-7.

160 B.R. 290 (1993)

In re Peter Curtis BOWES and Diane Elizabeth Bowes, Debtors.

United States Bankruptcy Court, N.D. Texas, Amarillo Division.

October 29, 1993.

Attorney(s) appearing for the Case

Don D. Sunderland, Mullin, Hoard & Brown, L.L.P., Amarillo, TX, for trustee.

Ronald E. Walker, Jr., Amarillo, TX, for debtors.

MEMORANDUM OF OPINION ON EXEMPTION OF LIFE INSURANCE CASH VALUE

JOHN C. AKARD, Bankruptcy Judge.

The parties asked the court to interpret provisions of the Texas Property Code and the Texas Insurance Code, both of which refer to exemption of life insurance cash value. The Debtors sought to exempt personal property with a value of approximately $57,000 and life insurance with a cash value of approximately $77,000. The Chapter 7 Trustee objected to the claimed...

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