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IN RE BANDKAU

Bankruptcy No. 94-03819-8C7.

187 B.R. 373 (1995)

In re Douglas Lee BANDKAU et ux., Debtors.

United States Bankruptcy Court, M.D. Florida, Tampa Division.

October 18, 1995.

Attorney(s) appearing for the Case

Kevin O'Brien, Tampa, Florida, for Debtors.

Shirley C. Arcuri, Tampa, Florida, for Trustee.

V. John Brook, Trustee, St. Petersburg, Florida.

FINDINGS OF FACT AND CONCLUSIONS OF LAW REGARDING EXEMPTION LITIGATION

C. TIMOTHY CORCORAN, III, Bankruptcy Judge.

This contested matter concerns the debtors' right to a homestead exemption in real estate purchased by the debtors less than ten months before the filing of their Chapter 7 petition. The debtors value the residence at $100,000, and it is encumbered by a mortgage of $35,000 in favor of Community National Bank. The trustee contends that the...

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