IN RE WILLETT

No. 07-1850.

544 F.3d 787 (2008)

In re Michael W. WILLETT and Karin J. Willett, Debtors-Appellees, Appeal of National Capital Management, LLC.

United States Court of Appeals, Seventh Circuit.

Decided September 12, 2008.


Attorney(s) appearing for the Case

Mark S. Samila, Kahn, Dees, Donovan & Kahn, Evansville, IN, Matthew J. McGowan (argued), Salter McGowan Sylvia & Leonard, Providence, RI, for Appellant.

R. Thomas Bodkin (argued), Andrew C. Ozete, Bamberger, Foreman, Oswald & Hahn, Evansville, IN, for Trustee-Appellee.

Andrew D. Thomas, Thomas, Dunlap & Nesmith, Evansville, IN, for Debtors-Appellees.

Before MANION, ROVNER, and EVANS, Circuit Judges.


MANION, Circuit Judge.

Michael and Karin Willett filed for relief under Chapter 13 of the bankruptcy code. During the pendency of their case, they successfully moved to avoid a lien on their residence held by a judgment creditor. The creditor appealed to the district court arguing that the bankruptcy court had incorrectly valued the property, resulting in the erroneous conclusion that the lien would impair a $15,000 exemption to which the Willetts were entitled under...

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