· 1/15/1987
In Re Poynor
Citations
- 68 B.R. 919
- 1987 Bankr. LEXIS 872
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- \[t]his distinction between ownership rights and beneficiary rights appears to be more consistent with the intent of the Bankruptcy Code\
- “[t]his distinction between ownership rights and beneficiary rights appears to be more consistent with the intent of the Bankruptcy Code”
- “Even exempt property must initially be regarded as property of the estate and then claimed and distributed as exempt”
- \[t]o allow the debtor/beneficiary to exempt life insurance proceeds greater than the extent 'reasonably necessary for support' would provide the debtor with a windfall.... [T]he intent of the Bankruptcy Code appears to require such excess to be available to the creditors\
Source: CourtListener parenthetical corpus (CC0).
Judges: Robert C. McGuire
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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