§ 3023. Proceeds of property exempt from attachment
Except as herein otherwise provided, a person shall not be liable on trustee process
on account of a sum due or owing to the principal debtor for property sold or conveyed
or delivered by him or her, which was exempt from attachment and execution at the
time of the sale. If at the time the trustee process was commenced, the principal
debtor was the owner of other property exempt from attachment and execution and of
the same kind as that sold by him or her to the trustee, so far as such other property
was free from encumbrance for the purchase money, the provisions of this section shall
not apply.
In Re Greene, 451 B.R. 331 (Bankr. D. Vt. 2011). · cites it 11ד§ 101 and 12 V.S.A. § 3023, the Debtor is entitled to claim a homestead exemption in her interest in the funds she is collecting under a promissory note that the Debtor received in consideration of her conveyance of her Vermont homestead property.”
In re Oliver, 182 B.R. 699 (Bankr. D. Vt. 1995). · cites it 7ד§ 101 and 12 V.S.A. § 3023. Trustee objects to the exemption on grounds that Vermont’s homestead exemption applies only to property located within the State, and that Debtor has not resided at the property since May 15, 1993.”
In Re Detko, 290 B.R. 494 (Bankr. D. Vt. 2003). “§ 101 and 12 V.S.A. § 3023. On July 6, 2002, the Debtor filed a Motion to Avoid Judicial Lien Impairing Debtor’s Homestead Exemption, seeking to avoid the Bank’s hen, pursuant to 11 U.”
In re Patterson, 482 B.R. 755 (Bankr. D. Vt. 2012). “For these reasons, the Court rejects the second prong of Merchants’ argument and denies Merchants’ request to read a permanent financing requirement into the state statute, and prohibit the Debtor from availing himself of the benefits of 27 V.S.A. § 109 based upon the…”
In re Kadoch, 528 B.R. 626 (Bankr. D. Vt. 2015). “The Creditors advance three arguments as to why, under state law, the Divorce Decree prevents the Debtor from exempting the Property.”
Kadoch v. Kadoch, 662 F. App'x 26 (2d Cir. 2016). “27, § 101 ; Vt. Stat. Ann. tit. 12, § 3023 . Laurie and her mother objected to the homestead exemption; the bankruptcy court overruled the objection and ruled David’s homestead exemption effective.”
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