Neal v. First Alliance Bank

(Sixth Circuit July 9, 2014)

The Sixth Circuit affirms the bankruptcy court’s denial of the Chapter 7 debtors’ claimed exemption in two annuities. In this brief opinion, the court adopts the district court’s reasoning that the annuities did not qualify under the Tennessee exemption statute relied upon by the debtors. Opinion below.

2014-07-09 – neal v first alliance bank