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· 8/7/2008

Addison v. Seaver

Citations

  • 540 F.3d 805
  • 60 Collier Bankr. Cas. 2d 299
  • 48 A.L.R. Fed. 2d 829
  • 2008 U.S. App. LEXIS 16684
  • 2008 WL 3077066

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • finding that paying down mortgage by $11,500 and buying a $4,000 IRA on the eve of bankruptcy was acceptable exemption planning
  • discussing application of fraud under § 522(o) in the context of mortgage paydown and Roth IRA contributions, but reversing reduction of homestead exemption based on extrinsic evidence of fraud
  • “Given the similarity of the language among these statutes, we conclude that the badges of fraud approach should also apply to determine a debtor’s intent under § 522(o).”
  • “the payment only increased Addison’s equity in the home”
  • “the payment only increased Addison’s equity in the home”
  • same result in 8th Circuit

Source: CourtListener parenthetical corpus (CC0).

Judges: Bye, Smith, Colloton

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.