Bankr. No.:
88-30027
Chapter:
13
Date of Decision:
September 30, 1988
Issue:
Whether an I.R.S. lien for delinquent taxes may attach to sale proceeds of property classified under S.D. state law as a homestead exempt from certain process.
Ruling:
United States v. Rogers, 103 S.Ct. 2132, 2146 (1983) and Herndon v. United States, 501 F.2d 1219, 1223 (1974). The Court ruled that an I.R.S. lien for delinquent taxes may attach to sale proceeds of property classified under S.D. state law as a homestead.
Full Bankruptcy Court Decision:
