IN RE CARON

No. 95-2320.

82 F.3d 7 (1996)

In re Oda Joseph CARON and Lorraine Norma Caron, Debtors. Oda Joseph CARON, D/B/A Caron & Sons Mobil, F/D/B/A Wakefield Country Store and Lorraine Norma Caron, Appellants, v. FARMINGTON NATIONAL BANK and Lawrence P. Sumski, Chapter 13 Trustee, Appellees.

United States Court of Appeals, First Circuit.

Decided April 25, 1996.


Attorney(s) appearing for the Case

Grenville Clark, III with whom Gray Wendell & Clark, P.C., Manchester, NH, was on brief for appellants.

David P. Azarian with whom Michael, Jones & Wensley, Rochester, NH, was on brief for appellees.

Before SELYA, Circuit Judge, ALDRICH, Senior Circuit Judge, and STAHL, Circuit Judge.


STAHL, Circuit Judge.

Oda J. Caron and Lorraine N. Caron appeal the district court's affirmance of the bankruptcy court's denial of an exemption for the cash surrender value of an insurance policy on Mr. Caron's life. Because we find that the courts below correctly interpreted the applicable New Hampshire statute, we affirm.

Background

Appellants, husband and wife, filed a joint Chapter 13 bankruptcy...

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