Bankr. No.:
97-40191
Chapter:
7
Date of Decision:
November 6, 1997
Issue:
Whether certain Individual Retirement Accounts were excluded from property of the estate?
Ruling:
The IRAs were property of the bankruptcy estate because they did not contain the necessary transfer restrictions under state or federal non bankruptcy law required by 11 U.S.C. ยง 541(c)(2) to exclude the funds from the estate.
Full Bankruptcy Court Decision:
