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In re LAURA BUCHANAN PRICE, BK 06-62721, Doc. #20

Order Sustaining Trustee’s Objection to Debtor’s Exemptions and Granting Trustee’s Motion for Turnover by Debtor of Property of the Estate.  (1)  To allow Debtor to amend her claim of exemption after the Trustee has filed an objection and after the property, which she now claims is not exempt, has been destroyed would clearly be inequitable and would hinder the diligent administration of the bankruptcy estate by the Trustee.  (2)  When the debtor no longer has possession of the property or its value, the appropriate remedy available to the trustee is a money judgment, which can be obtained only through an adversary proceeding.

File: 
Date: 
09/20/2006