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IN RE SCIALDONE

Bankruptcy No. 94-25232-B.

197 B.R. 225 (1995)

In re Claude M. SCIALDONE, Debtor.

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

September 22, 1995.

Attorney(s) appearing for the Case

John C. McLemore, Faggert & Frieden, Chesapeake, VA, for Contractor's Paving Company.

Dean W. Sword, Portsmouth, VA, for debtor.

MEMORANDUM OPINION

DOUGLAS O. TICE, Jr., Bankruptcy Judge.

This case is before the court on the objection by creditor Contractor's Paving Company to an exemption claimed by the debtor. For the reasons stated in this opinion, the objection will be sustained and the exemption disallowed.

FINDINGS OF FACT

In February 1992 debtor purchased real property located in Virginia Beach, Virginia. Debtor's...

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