Bankr. No.:
98-40060
Chapter:
7
Date of Decision:
December 28, 1998
Issue:
Whether trailer home and lot on which it sat could be declare exempt under § 43-45-4?
Ruling:
Debtor elected to have the trailer and lot taxed separately and the trailer was movable from the lot. Therefore, only the trailer was personalty that could be declared exempt under § 43-45-4 (subject to valuation). Section 43-45-4 excludes the lot, which is realty.
Full Bankruptcy Court Decision: