The Matter Of: Michael Zibman Jamie Bailey Zibman, Debtors. Michael Zibman Jamie Bailey Zibman v. Rodney D. Tow, Trustee

How courts have described this case

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

• concluding that filing of bankruptcy shortly after homestead was sold did not affect six-month deadline exempting homestead proceeds
• concluding that filing of bankruptcy shortly after homestead was sold did not affect six-month deadline exempting homestead proceeds
• stating that the effect of the lower courts’ treatment of Zibman’s proceeds was to “effectively read the 6-month limitation out of the statute, and transform an explicitly limited exemption into a permanent one”
• explaining that the exemption applicable to homestead-sale proceeds expires six months after the date of sale, and is not transformed into a permanent exemption just because it was in effect at the time the claimant petitioned for bankruptcy protection
• “Under the Bankruptcy Code, the commencement of a bankruptcy case creates an estate comprising all legal and equitable interests in property (including potentially exempt property
• “it is the entire state law applicable on the filing date that is determinative’

Source: CourtListener parenthetical corpus (CC0).