IN RE GRABLOWSKY

Bankruptcy No. 92-23974-T, No. CMN 92-2192-T, 92-2193-T.

149 B.R. 402 (1993)

In re Bernie J. GRABLOWSKY, Debtor. John W. AINSLIE and John W. Ainslie, Sr., Plaintiffs, v. Bernie J. GRABLOWSKY and Jack D. Maness, Trustee, Defendants.

United States Bankruptcy Court, E.D. Virginia, Norfolk Division.

January 6, 1993.


Attorney(s) appearing for the Case

Joseph T. Liberatore, Marcus, Santoro & Kozak, Portsmouth, VA, for plaintiff.

Barry Randolph Koch, Virginia Beach, VA, for debtor/defendant.


MEMORANDUM OPINION

DOUGLAS O. TICE, Jr., Bankruptcy Judge.

These contested matters raise the issue of whether a chapter 7 debtor's claims of exemption for assets in the amount of $1.00 each, to which no timely objection is taken, constitutes a complete exemption of the assets despite their actual value in excess of $1.00.

The issue must be resolved by the court in the context of plaintiffs' motions for relief...

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