MEMORANDUM OPINION ON DEBTOR'S MOTION FOR SUMMARY JUDGMENT WITH RESPECT TO OBJECTION TO CLAIM OF EXEMPTIONS (HOMESTEAD) [J] K. RODNEY MAY, Bankruptcy Judge.
The largest creditor in this Chapter 7 case, New Buffalo Savings Bank ("NBSB"), objected to the debtor's claim of exemption to his homestead, a home worth an estimated $1.2 million in Sarasota, Florida (the "Homestead"). The objection asserts that $50,000 of funds obtained by the debtor's fraud...
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