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IN RE MORGAN

Bankruptcy No. SA 92-24101JW.

157 B.R. 467 (1993)

In re William Alan MORGAN, and Phyllis Marie Morgan, Debtors.

United States Bankruptcy Court, C.D. California.

August 12, 1993.

Attorney(s) appearing for the Case

Mark S. Rosen, Santa Ana, CA, for plaintiffs Salvador Sapien and Janice Sapien.

Thomas J. Frederick, Law Offices of Timothy W. Tuttle, Laguna Hills, CA, for defendants/debtors William A. Morgan and Phyllis M. Morgan.

MEMORANDUM OF DECISION

JOHN J. WILSON, Bankruptcy Judge.

I. INTRODUCTION

William Alan Morgan and Phyllis Marie Morgan ("Debtors") contend that pursuant to 11 U.S.C. § 522(b) of the Bankruptcy Code ("Code") and California Code of Civil Procedure ("C.C.P.") Sections 704.730 and 704.965 they are entitled to the $75,000 homestead exemption that existed under California law at the time the Debtors filed

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