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CARROLL v. TAKADA

No. 14-3576.

864 F.3d 512 (2017)

John CARROLL and Catherine M. Carroll, Debtors-Appellants, v. Joji TAKADA, Chapter 7 Bankruptcy Trustee, Trustee-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided July 18, 2017.

Attorney(s) appearing for the Case

Julia D. Mannix , Attorney, Julia D. Mannix, P.C., Chicago, IL, for Debtors-Appellants.

Zane Zielinski , Attorney, Law Offices of Zane L. Zielinski, P.C., Chicago, IL, for Trustee-Appellee.

Before Easterbrook, Williams, and Sykes, Circuit Judges.

In their Chapter 7 bankruptcy petition, John and Catherine Carroll claimed a $30,000 exemption for Catherine's interest in a trust settled by her since-deceased parents. The bankruptcy trustee objected, and the bankruptcy court sustained the objection and struck the exemption. The district court affirmed and so do we. Catherine...

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