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IN RE ELLIOT

No. 10-31663 ABC.

448 B.R. 843 (2011)

In re Neil W. ELLIOT, SSN: XXX-XX-XXXX, Debtor.

United States Bankruptcy Court, D. Colorado.

May 10, 2011.

Attorney(s) appearing for the Case

W. Robert Montgomery , Lakewood, CO, for Debtor.

RULING AND ORDERS ON TRUSTEE'S OBJECTION TO DEBTOR'S CLAIM OF EXEMPTION

A. BRUCE CAMPBELL, Bankruptcy Judge.

Under specified circumstances, Colorado law permits a debtor to exempt proceeds from the sale of a homestead when those proceeds are not immediately reinvested in another homestead. C.R.S. § 38-41-207. This contested matter presents a question of first impression: does the Colorado homestead proceeds exemption cover surplus proceeds paid...

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